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Albertsons Appoints Meg Whitman Executive Chair

Wall Street Journal US Business •
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Albertsons named former eBay and Hewlett Packard chief Meg Whitman to the newly created post of executive chair, as the grocery-store operator grapples with falling sales and cautious consumer spending. Whitman brings extensive retail and technology leadership experience to help steer the company through a period of financial pressure. Her appointment signals a strategic shift toward operational revitalization as Albertsons seeks to stabilize its market position.