Albertsons Companies announced April 19 that Wayne Denningham, currently the company’s EVP and chief operating officer, has been appointed to the new role of president and chief operating officer.
The announcement came several days after Justin Dye resigned from the Boise, ID-based supermarket chain as its chief administrative officer.
Bob Miller, one of the grocery industry’s most talented executives, remains chairman and CEO, a role he has held since April 2015. He will add some of Dye’s previous duties, including real estate, IT, corporate development and mergers & acquisitions and supply chain.
Several sources said they do not Albertsons to name a new chief administrative officer. The former Cerberus Capital Management (the company’s primary owner) executive joined Albertsons in 2006 and had held a series of key roles at the company including spearheading the chain’s multiple acquisitions over the past decade. Trade observers had viewed Dye as a potential successor to Miller as chief executive.
With Dye’s departure, the company now has two other key “chiefs” leading Albertsons. Shane Sampson remains chief marketing and merchandising officer and Bob Dimond is currently chief financial officer.