Albertsons Names Andrew Murray Chief Financial Officer
Murray, currently Group CFO of Fonterra, will take over the role from interim CFO Cody Perdue on Jan. 17, 2027.
Updated on Nov. 10, 2026 in People
Albertsons Companies has named Andrew Murray as its Chief Financial Officer, effective Jan. 17, 2027. Murray succeeds Cody Perdue, who has served as Interim Chief Financial Officer since Sept. 30, 2026, and will continue as Senior Vice President of Treasury, Investor Relations and Risk Management.
Why it matters
The appointment places a new finance chief in charge of Albertsons' financial operations, with Murray bringing experience from global food and consumer-goods companies. Murray is expected to relocate from New Zealand to Boise before the start date, positioning him at the company's headquarters in the Boise area.
The change moves the CFO role from an interim appointment held since Sept. 30, 2026, to a permanent executive effective Jan. 17, 2027. The filing does not disclose Murray's compensation package or the financial targets he will oversee.
The players
Albertsons Companies
Albertsons Companies is one of the largest food and drug retailers in the United States, headquartered in Boise, Idaho.
Andrew Murray
Andrew Murray is a finance executive currently serving as Group Chief Financial Officer of Fonterra Co-Operative Group, with prior CFO roles at Simplot Australia and senior finance posts at Mondelez International.
Cody Perdue
Cody Perdue is a finance executive who has served as Albertsons' Interim Chief Financial Officer and will continue leading treasury, investor relations and risk management at the company.
The details
Murray joined Fonterra in 2023 as CFO of Global Markets and became Group CFO in 2024, and he previously served as CFO at Simplot Australia. He held senior finance roles at Mondelez International across Australia, New Zealand and the Asia Pacific, Middle East and Africa region. Perdue will remain with Albertsons in his role overseeing treasury, investor relations and risk management.
Timeline
2023: Murray joins Fonterra as CFO, Global Markets.
2024: Murray becomes Group CFO at Fonterra.
Sept. 30, 2026: Cody Perdue begins serving as Interim Chief Financial Officer.
Jan. 17, 2027: Murray's appointment as Albertsons CFO takes effect.
Market Landscape
The appointment comes after Albertsons' attempted merger with Kroger was blocked, a deal that reshaped the company's leadership and strategy. Naming a permanent CFO with global consumer-goods experience signals a focus on financial stability as grocers compete on cost and scale.
For shoppers, a CFO change does not directly alter store prices or product availability in the near term. Employees and investors will be watching how the new finance chief sets budgets and capital priorities once he takes over.
The takeaway
A finance leadership change at a large grocer often shapes capital allocation and cost decisions that eventually reach store shelves. Watching how Murray approaches Albertsons' budget after January 2027 will show whether the company's priorities shift.
What happens next
Murray is scheduled to take over as CFO on Jan. 17, 2027, and his relocation to Boise is expected before that date.
Further reading
For more on executive moves at major employers, see the People section.
