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Albertsons Companies ( (ACI) ) just unveiled an announcement.
Albertsons Companies, Inc. sees leadership changes as Mr. Chan Galbato steps down from its Board, with Mr. Jim Donald becoming the independent Chair. Mr. Stephen Feinberg, Co-CEO of Cerberus Capital Management, joins the Board, reflecting Cerberus’ significant influence with over 151 million shares. These shifts highlight the ongoing strategic partnerships and financial maneuvering within the company, capturing the attention of stock market enthusiasts.
For a thorough assessment of ACI stock, go to TipRanks’ Stock Analysis page.