Albertsons Cos. Names New EVP, General Counsel
Albertsons Companies, Inc. has announced that retail veteran Tom Moriarty will join the company as executive vice president and general counsel on June 5.
Moriarty, who has over 30 years of executive experience, joins the grocer from where he spent more than 10 years serving in several roles of increasing responsibility. During his tenure at CVS Health, Moriarty oversaw all legal and regulatory functions within the company, including CVS Health’s $78 billion acquisition of Aetna.
He also led global pharmaceutical sourcing operations and served as the company’s lead representative to the White House COVID-19 task force as CVS provided testing, vaccinations and other essential healthcare services to millions of Americans.
“Tom is a proven leader whose broad background and deep understanding of corporate and legal strategy make him a welcome addition to our talented leadership team,” Albertsons Cos. CEO Vivek Sankaran said. “His experience leading high-performing teams and successfully implementing important strategic initiatives at top companies will be invaluable as we continue to execute on our Customers for Life strategy.”
Moriarty will report to Sankaran, and succeeds Juliette Pryor, who left Albertsons Cos. in April to pursue another career opportunity.
Moriarty joins Albertsons Cos. as the retailer’s proposed merger with Kroger is currently under regulatory review. The combination as-is would create a retailer with more than 5,000 stores spanning the United States. Both retailers have expansive private label portfolios.
“I am incredibly energized to be joining Albertsons Cos. at such a dynamic time for the industry,” Moriarty said. “One of the things that excites me most about this opportunity is the vital role that Albertsons Cos. plays in the communities it serves as a grocery and pharmacy retailer committed to its customers and their well-being.”
As of Feb. 25, 2023, the company operated 2,271 retail stores with 1,722 pharmacies, 401 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities.