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Safeway promotes CFO to president

Pleasanton, Calif. -- Safeway announced Monday that it has promoted its executive VP and CFO Robert Edwards to the position of president.

Edwards has held his current role since 2004. He will have overall responsibility for the company's retail operations, marketing, merchandising, corporate brands, manufacturing, distribution and finance functions, and will continue as CFO until a successor is named to the position.

In other company executive news, Safeway said that executive VP Larree Renda will add real estate and information technology to her roles, as well as managing human resources and labor relations, strategic initiatives, corporate social responsibility, government relations, public affairs and Safeway Health.