RTTNews | Aug 10, 2021 08:46AM EDT

08:46 Tuesday, August 10, 2021 (RTTNews.com) - Food and drug retailer Albertsons Cos. (ACI) announced Tuesday that Sharon McCollam will join the company on September 7, 2021, as its President and Chief Financial Officer reporting to Chief Executive Officer Vivek Sankaran.

McCollam will succeed Bob Dimond, who will be retiring and will remain with the company as an advisor through February 2022 to ensure a seamless transition.

McCollam, 59, retired from Best Buy in 2016 where she served as Executive Vice President, Chief Administrative and Chief Financial Officer. Prior to Best Buy, McCollam held several transformational leadership positions at Williams-Sonoma, Inc. from 2000 to 2012, including Chief Operating and Chief Financial Officer from 2006 to 2012.

Since retiring from Best Buy, McCollam has served as a member of several corporate boards, including companies with a strong consumer, e-commerce, and healthcare presence.

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