Safeway Inc. (SWY) Monday announced appointment of Robert Edwards as its Chief Executive Officer, effective May 14. Edwards succeeds Steven Burd who is retiring after nine years of service.
Edwards joined Safeway as EVP and CFO, and later assumed the additional role of president. Prior to Safeway, Edwards has held senior executive positions at Maxtor Corp., Imation Corp. and Santa Fe Pacific Corp.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.