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Safeway Inc. has appointed Peter J. Bocian as its new EVP and CFO, overseeing the company's financial functions including accounting, tax, audit, treasury, investor relations, planning and business development. He will report directly to Robert Edwards, Safeway's president, and will assume his new responsibilities on Feb. 19.
Bocian most recently served as EVP, head of corporate services and finance at JPMorgan Chase, the New York-based global financial services company. While at JPMorgan Chase, he had overall responsibility for global real estate, procurement, technology and real estate finance and general services for the firm.
"We are pleased to have attracted someone with Pete's demonstrated business leadership skills and deep financial credentials to our senior executive team," said Edwards. "His proven ability to effectively manage a broad cross section of complex finance and administrative functions, as well as his extensive experience with retail-focused companies will be of considerable added value to our business."
Prior to joining JPMorgan Chase, Bocian spent three years as EVP and CAO at Palo Alto-based Hewlett-Packard. Before his tenure with HP, he spent over a year as CFO and CAO at Seattle-based Starbucks. Earlier Bocian had a long and successful 24 years with Ohio-based NCR Corporation, where he held positions of increasing responsibility.
Pleasanton, Calif.-based Safeway Inc. operates 1,644 stores in the United States and western Canada.