Bob Miller currently serves as the Chairman & CEO of AB Acquisition LLC (“Albertsons”), a North American food and drug retail company comprised of over 2,200 stores operating under 18 well-known banners in 33 states and Washington DC.
Miller began his career at Albertson’s Inc., and over 30 years worked his way up from Store Manager to Executive Vice President of Retail Operations. He left to join Fred Meyer where he served as Chairman and CEO from 1991 – 1999, culminating in their merger with the Kroger Company, where he was appointed Vice Chairman and Chief Operating Officer following the transaction close.
In December 1999, Miller was hired as Chairman and CEO of Rite Aid Corporation, the country’s third largest drugstore chain, where over the next three and a half years he led the successful turnaround of the nearly-bankrupt company. He continued to serve as Chairman of Rite Aid until June 2007 and a Director until 2011. Concurrently, Miller was Chairman of the Board of Wild Oats Markets based in Boulder, Colorado from December 2004 through 2006.
In 2006, Miller returned to lead Albertson’s LLC as CEO following the divestiture of Albertson’s, Inc.’s assets. In 2013, the Company acquired 877 stores from SUPERVALU, and later that year, added 51 stores from Lubbock-based United Supermarkets. In March 2014, AB Acquisition, backed by a Cerberus-led investor group, announced it would acquire all outstanding shares of Safeway. This acquisition, which was completed in January 2015, created a diversified network that includes more than 2,200 stores, 30 dedicated distribution facilities, 21 manufacturing assets, and approximately 265,000 employees across the country.
Miller currently serves on the Board of Directors of Albertson’s LLC, Nordstrom, Inc., Jim Pattison Group, U.S. Bakery, and Jo-Ann Fabrics and Crafts. A native of Louisville, Mississippi, he attended Orange Coast College in Costa Mesa, California and the Executive Management Program at Stanford University’s Graduate School of Business. Bob is married with three sons.