Steven A. Burd, Safeway Inc. Chairman and CEO to speak at Wake Forest University Schools of Business

1.11.2010 News Release

Steven A. Burd, who leads one of the largest food and drug retailers in North America, will talk about leadership and his work on health care when he visits the Wake Forest University Schools of Business on Wednesday, Jan. 13.

Burd, chairman and CEO of Safeway Inc., will speak from 2:45 to 4 p.m. in Room 1312 of the Worrell Professional Center on campus. The event is free and open to the public.

Safeway, a Fortune 500 company based in California, operates 1,739 stores in the U.S. and Canada. Since Burd came to Safeway in 1992 he has led a turnaround that has produced industry-leading sales and cost savings while nurturing a reputation for superior customer service. The company also has more than 1,300 in-store pharmacies.

Burd is considered a leader in advancing sound public policy on issues affecting the retail industry. In 2007 he created the Coalition to Advance Healthcare Reform, an alliance of more than 60 companies advocating state and federal health care reform. Burd has led Safeway in reversing the trend of rising health care costs by implementing a plan that pays 100 percent of preventive care, rewards good behavior and allows employees to take more control of their health care choices. Safeway is also a leader in supporting research for prostate and breast cancer.

Safeway has also become known for its support of charitable causes. Over the past decade, for example, Safeway has raised and donated more than $1 billion to support education, health and wellness, community food banks, and cancer research and prevention., Safeway has been ranked by Fortune magazine as one of the ‰ÛÏmost admired‰Û companies in the food and drug sector and was named the top retailer by leading industry publications Supermarket News and Progressive Grocer.