Steven Burd
| Steven Burd | |
|---|---|
 Burd (middle) meets with President Barack Obama along with other business leaders on May 12, 2009. | |
| Born |
Steven A. Burd 1949 (age 66–67) Valley City, North Dakota, U.S. |
| Residence | California, U.S. |
| Alma mater |
Carroll University (B. S.) University of Wisconsin–Milwaukee (M. A.) |
| Occupation | President, Chairman & CEO at Safeway Inc (1992–2013) |
| Political party | Republican |
| Board member of | Kohl's |
| Religion | Christianity[1] |
Steven A. Burd (born 1949) is an American businessman.[2] He served as Chairman, President and CEO of Safeway Inc. from October 26, 1992 to May 14, 2013.[2][3] He is a member of the Republican Party.
Early life
Burd has a Bachelor of Science degree in Economics from Carroll University in 1971[4] and a master's degree in Economics from the University of Wisconsin–Milwaukee in 1973.[5][6]
Career
Burd was President of Safeway from October 26, 1992 until May 14, 2013, and CEO from April 30, 1993 until May 14, 2013.[3] He joined the Board of Directors on September 7, 1993 and served as Chairman of the Board between May 12, 1998 and May 14, 2013.[3] While CEO of Safeway in 2009, he earned a total compensation of $10,901,892, which included a base salary of $1,449,000, a cash bonus of $358,627, stock awards of $491,611 and options granted of $6,922,200. Steven Burd will receive another $7.5 million in stock as a result of the transaction that combines Safeway and Albertsons supermarket chain.
Burd spearheaded the innovative "Healthy Measures" insurance plan offered to Safeway employees.[7] In this plan, employees get discounts on their health insurance if they show qualified performance in four "tests": tobacco usage, healthy weight, blood pressure and cholesterol levels.[7] Employees can get as much as an $800 annual premium reduction. He founded the Coalition to Advance Healthcare Reform in order to promote similar health policies nationally.[7]
Burd sits on the Board of Directors of Kohl's.[2][3]
Personal life
Burd is married to Chris and has two children. He is a born-again Christian. [8]
References
- ↑ "Steve Burd". Nndb.com. 2004-03-01. Retrieved 2013-10-22.
- 1 2 3 "Forbes". Forbes. 2012-04-18. Retrieved 2013-10-22.
- 1 2 3 4 "Safeway Board of Directors". Safeway.com. Retrieved 2013-10-22.
- ↑ Steven A. Burd '71, 1996 Distinguished Alumnus Award for Professional Achievement , Carroll University
- ↑ A Few of UWM's Noted Alumni, University of Wisconsin–Milwaukee
- ↑ Steven A Burd, Forbes
- 1 2 3 Steven A. Burd, How Safeway Is Cutting Health-Care Costs, The Wall Street Journal, June 12, 2009
- ↑ http://www.referenceforbusiness.com/biography/A-E/Burd-Steven-A-1949.html
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