Albertsons Companies, Inc. (NYSE: ACI) announced the retirement of Jim Donald as Chair of the board and board member. Kim Fennebresque appointed as new chair. David Zinsner, CFO of Intel, joins board as independent director. ACI operates over 2,200 stores in 35 states, offering groceries, pharmacy services, and fuel through omnichannel model.

ACI strengthens management team with new appointments. Fennebresque cites David Zinsner’s expertise in finance, technology, and AI as key asset for future strategies. ACI considered a top FMCG stock to invest in. Company operates under various banners like Albertsons, Safeway, and Vons in the US.

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Read more at Yahoo Finance: Albertsons Companies, Inc. (ACI) Bolsters Management as Chair Retires