Albertsons Names Two To Board of Directors

Albertsons Companies, Inc. have named Sarah Mensah and Lisa Gray to its board of directors. With the additions, the board has been expanded to 11 members.

Mensah currently serves as president of the Jordan Brand for Nike Inc. and is responsible for its overall business operations. She has played key roles across Nike’s geographical and Jordan businesses since she joined the company in 2013. 

Prior to Nike, Mensah spent 19 years with the NBA’s Portland Trail Blazers, last serving as its senior vice president and chief operating officer. She is credited for her contribution to the successful rebranding and revitalization of the Trail Blazers brand and for improving its financial viability.

Gray serves as the vice chair and senior legal officer for Cerberus Operations & Advisory Company, LLC, a global leader in alternative investing with a dedicated platform focused on supply chain integrity. She is also a member of Cerberus Capital Management’s office of general counsel. 

Gray has more than 35 years of experience in structuring and negotiating complex mergers and acquisitions, regulatory and legislative advocacy, corporate governance, and debt restructurings. She was designated to the board by certain affiliates of Cerberus Capital Management, L.P. pursuant to its director designation right, and replaced Scott Wille.

“Sarah and Lisa are accomplished leaders in their respective industries, and I am delighted to officially welcome them to the Albertsons Cos. Board of Directors,” said Vivek Sankaran, CEO of Albertsons Cos. “Sarah’s reputation for elevating brand value by thoughtfully challenging the status quo and championing innovation, along with Lisa’s proven track record in corporate transactions, governance and leadership, will benefit our business, customers, and shareholders.”