Sharon McCollam, born in 1963, serves as the President and Chief Financial Officer of Albertsons Companies, Inc. She joined the company on September 7, 2021. Sharon has a strong background in finance and management, holding an MBA in Marketing from...

Current Market Cap

$11.06B

Number of Employees

285K

Total Compensation

2021 - 2023

Trending down by -55.54% last year
Showing total compensation for the last 2021 - 2023

Stock

Down by -100.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Down by -30.90% last year

Year

2023

Total Compensation

$2.23M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to attract, motivate, and retain high caliber talent, linking pay to performance and long-term stockholder interests.

Bonus

$1.22M

Board Justification

The bonus is based on the Corporate Incentive Plan, which includes quarterly and annual performance metrics such as Adjusted EBITDA and ID Sales, with a maximum payout of 200%.

Other

$3.72K

Board Justification

Other compensation includes health benefits and financial planning services.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as the focus is on cash compensation and performance metrics for the fiscal year.

Performance Metrics

The performance metrics for the fiscal year include Adjusted EBITDA and ID Sales, with a focus on achieving strategic objectives.

SEC Filing

From June 21, 2024

Sharon McCollam

Ex-CEO of Albertsons Companies

SM

Education

MBA in Marketing from Columbia University, B.S. in Management from Nazareth College

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1963 - 61 years ago

Is Founder?

No

Tenure

1 year 6 months (Sep 2021 - Mar 2023)

Previous Experience

Executive Vice President, Chief Administrative and Chief Financial Officer at Best Buy, Chief Operating and Chief Financial Officer at Williams-Sonoma, Inc.