Albertsons Companies announced that Stephen Feinberg resigned from its Board of Directors on February 21, 2025. His resignation was not due to any disagreement with the company. Frank Bruno was appointed to the Board as his replacement, serving until the 2025 annual stockholders’ meeting. Bruno, the Co-CEO of Cerberus Capital Management, was designated to the Board by Cerberus, which holds a significant stake in Albertsons.