Safeway (SWY) chairman/CEO Steve Burd will retire as of the company's May 14 shareholder...

|About: Safeway Inc. (SWY)|By:, SA News Editor

Safeway (SWY) chairman/CEO Steve Burd will retire as of the company's May 14 shareholder meeting. Burd, 62, has held the top job for 20 years. He leaves at a time when the grocery chain is facing stiff high-end and low-end competition. (PR)