BOISE, Idaho – Albertsons Cos. announced that Andrew Murray will join the company as Chief Financial Officer, effective Jan. 17, 2027. Murray brings extensive experience spanning finance, corporate strategy, capital allocation and enterprise transformation having held executive roles at consumer-focused businesses including Fonterra, Simplot Australia and Mondelez International. Murray succeeds Cody Perdue, who has served as Interim Chief Financial Officer since Sept. 30, 2026. Perdue will continue with the company in his role as Senior Vice President of Treasury, Investor Relations and Risk Management.
“Andrew is a highly respected senior leader with strong expertise in driving profitable growth and large-scale business transformation which will be invaluable during this critical turnaround time at Albertsons,” said Susan Morris, CEO of Albertsons Companies. “I look forward to working with Andrew and our leadership team as we simplify the organization, improve decision-making, reinvest savings in customer value and boost long-term shareholder returns."
“I am grateful to Cody for his leadership as interim CFO and his contributions to Albertsons throughout this transition,” added Morris.
Murray currently serves as Group Chief Financial Officer of Fonterra Co-Operative Group, the world’s largest dairy exporter and co-operative in New Zealand owned by farmers. At Fonterra, Murray oversees finance as well as strategy, mergers and acquisitions, transformation, information technology, financial trading, shared services and procurement. He joined Fonterra in 2023 as CFO, Global Markets, before becoming Group CFO in 2024. Murray will relocate from New Zealand to Boise prior to January 2027.
Before joining Fonterra, Murray served as Chief Financial Officer at Simplot Australia, with responsibility for finance, corporate strategy, legal and information technology. He also led global finance transformation at Toll Group and held senior finance roles at Mondelez International for Australia and New Zealand and later, the Asia Pacific, Middle East and Africa region.
“Albertsons has a significant opportunity ahead, and I am pleased to be joining the company during this important time,” said Murray. “Together with Susan and the leadership team, we will drive growth and deliver meaningful value for customers, associates, communities and shareholders.”
Murray holds a BA (Hons.) in Accounting & Economics from the University of Strathclyde. He is a member of the Chartered Institute of Management Accountants and has completed Harvard Business School’s Advanced Management Program.
