Steven Burd
Encyclopedia
Steven A. Burd is the President and CEO of Safeway Inc.
He has been President of the company since October 26, 1992.
Mr. Burd spearheaded the innovative "Healthy Measures" insurance plan offered to Safeway employees. 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. Employees can get as much as an $800 annual premium reduction. Mr. Burd founded the Coalition to Advance Healthcare Reform in order to promote similar health policies nationally.
While CEO of Safeway in 2009, Steven Burd 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.
Safeway Inc.
Safeway Inc. , a Fortune 500 company, is North America's second largest supermarket chain after The Kroger Co., with, as of December 2010, 1,694 stores located throughout the western and central United States and western Canada. It also operates some stores in the Mid-Atlantic region of the Eastern...
He has been President of the company since October 26, 1992.
Mr. Burd spearheaded the innovative "Healthy Measures" insurance plan offered to Safeway employees. 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. Employees can get as much as an $800 annual premium reduction. Mr. Burd founded the Coalition to Advance Healthcare Reform in order to promote similar health policies nationally.
While CEO of Safeway in 2009, Steven Burd 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.