US grocer Albertsons has said Peter Lynch has resigned as president, chief operating officer and director to pursue other interests.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Idaho-based Albertsons said Larry Johnston, chairman and CEO, would assume the additional role of president, while the position of chief operating officer would not be filled.

The company also reaffirmed its full-year earnings guidance of US$1.70 to $1.75 per share.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now