Safeway Inc. Names Peter J. Bocian Executive Vice President and Chief Financial Officer

Mon Feb 4, 2013 4:03pm EST

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PLEASANTON, Calif.,  Feb. 4, 2013  /PRNewswire-FirstCall/ -- Safeway Inc. (NYSE:
SWY) announced the appointment of  Peter J. Bocian  as its new Executive Vice
President and Chief Financial Officer. Mr. Bocian, 58, will oversee the
company's financial functions including accounting, tax, audit, treasury,
investor relations, planning and business development. He will report directly
to  Robert Edwards, Safeway's President, and will assume his new
responsibilities on  February 19.

Mr. Bocian most recently served as Executive Vice President, Head of Corporate
Services and Finance at JPMorgan Chase, the  New York-based global financial
services company.  While at JPMorgan Chase, he had overall responsibility for
Global Real Estate, Procurement, Technology and Real Estate Finance and General
Services for the firm.  

Prior to joining JPMorgan Chase, Mr. Bocian spent three years as Executive Vice
President and Chief Administrative Officer at  Palo Alto-based Hewlett-Packard. 
Before his tenure with HP, he spent over a year as CFO and Chief Administrative
Officer at  Seattle-based Starbucks. Earlier Mr. Bocian had a long and
successful 24 years with  Ohio-based NCR Corporation, where he held positions of
increasing responsibility across Finance, working in the Retail, Teradata and
Federal System groups. At NCR, he last served, for three years, as Senior Vice
President and Chief Financial Officer.

"We are pleased to have attracted someone with Pete's demonstrated business
leadership skills and deep financial credentials to our senior executive team,"
said Mr. Edwards. "His proven ability to effectively manage a broad cross
section of complex finance and administrative functions, as well as his
extensive experience with retail-focused companies will be of considerable added
value to our business."  

Mr. Bocian holds a Masters in Business Administration in Accounting and Bachelor
of Arts in Russian from  Michigan State University, and served in the U.S. Navy.
 

ABOUT SAFEWAY  www.Safeway.com
Safeway Inc. is a Fortune 100 company and one of the largest food and drug
retailers in  North America, based on sales. The company operates 1,644 stores
in  the United States  and western  Canada  and had annual sales of  $43.6
billion  in 2011. The company's common stock is traded on the New York Stock
Exchange under the symbol SWY.  

CONTACTS
Media:  Brian Dowling, 925-467-3787,  Brian.Dowling@Safeway.com
Investors:  Christiane Pelz, 925-467-3832,  Christiane.Pelz@Safeway.com

SOURCE  Safeway Inc.

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