Key facts
- Murray will join Albertsons on January 17 from Fonterra Co-operative Group, where he is group CFO.
- CEO Susan Morris said Murray's experience leading large-scale business transformations would be valuable.
- Murray succeeds interim finance chief Cody Perdue, who took the role on September 30 after Sharon McCollam retired.
- Albertsons withdrew its fiscal 2026 forecasts in October despite beating second-quarter profit estimates.
Albertsons named Andrew Murray as chief financial officer on November 10, 2026, as the US grocer carries out a business review aimed at reviving sluggish sales through cost cuts and lower prices.
Murray will join on January 17. He is currently group CFO of Fonterra Co-operative Group, a New Zealand dairy co-operative, and has held executive roles at Simplot Australia and Mondelez International, giving him consumer-sector experience.
CEO Susan Morris described the company as being at a "critical turnaround time" and said Murray's experience leading large-scale business transformations would be valuable.
Murray takes over from Cody Perdue, who has served as interim finance chief since September 30, succeeding retiring CFO Sharon McCollam.
Albertsons withdrew its fiscal 2026 forecasts in October, even as it beat second-quarter profit estimates.