US retailer Safeway Inc has expanded its board from ten to 12 members with the appointment of Arun Sarin and Michael Shannon.
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“We are fortunate to have individuals with these credentials joining the board,” said Safeway chairman, president and CEO Steve Burd. “Arun and Michael have each run substantial businesses, and their experience will be valuable to our board.”
Sarin has worked in the telecommunications industry for the majority of his career. Most recently, he was the CEO of Vodafone. He has served on numerous boards including Gap, Charles Schwab and Cisco Systems and recently retired from being a non-executive director of the Court of the Bank of England.
Shannon founded private equity group KSL Capital Partners and its predecessor, KSL Recreation Corp., in 1992, serving as its president and CEO. He also founded and became CEO of KSL Resorts in 2004.
