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Navarro Promoted to CAO, Dimond Joins Company as CFO

Christine Wilcox


Feb 24th, 2014

Idaho Newsroom

Albertson’s LLC and New Albertson’s, Inc. Appoints Rick Navarro Chief Administrative Officer
Names Robert B. Dimond Chief Financial Officer

February 24, 2014 – Boise ID – AB Acquisition LLC (Albertsons), which operates Albertson’s LLC and New Albertson’s Inc., today announced that Rick Navarro, who had been the Company’s Chief Financial Officer since its inception in 2006, has been appointed Chief Administrative Officer. Succeeding Navarro as the company’s CFO is Robert B. Dimond.

“Our decentralized operating structure requires executives with entrepreneurial mindsets, and the work that Rick and Bob have done in their careers exemplify that trait,” said Bob Miller, CEO of Albertsons. “Our leadership teams at Albertson’s LLC and New Albertson’s Inc. have done a phenomenal job positioning our stores for the future, and both Rick and Bob are capable executives who will help our company to capitalize on that as we look to grow for the future.”

As CFO, Navarro oversaw all aspects of the Company’s financial management, including treasury, accounting and controls, financial planning and analysis, inventory control, payroll, and tax. He was integral to the formation of the Company in its earliest stages and the creation and implementation of its rigorous operations review processes that have been one of the hallmarks of the Company’s success. In his new role, Navarro will oversee the Information Technology, Legal, Business Development, Human Resources and Public Affairs functions.

Dimond brings 24 years of financial and senior executive management experience in the grocery and distribution industry. Dimond most recently served as Executive Vice President, CFO and Treasurer at Nash Finch, a food distribution and retail company with $5.0 billion in annual revenues. In that role, Dimond was responsible for all of the Company’s financial functions, and he also served as the primary contact for all investor relations, investment and commercial banking activities.

Prior to Nash Finch, Dimond was with Wild Oats Markets as Chief Financial Officer and Senior Vice President from April 2005 to December 2006, and he also served as Group Vice President and Chief Financial Officer for the western region of The Kroger Co. (NYSE:KR), as well as Vice President, Administration and Controller for Smith’s Food and Drug Centers. Dimond earned his Bachelor of Science degree in accounting from the University of Utah and is a Certified Public Accountant.

About Albertsons

Established in 2006, AB Acquisition LLC (“Albertsons”), which operates Acme, Albertsons, Jewel-Osco, Shaws & Star Market stores, is working to become the favorite food and drug retailer in every market it serves. The company is privately owned by Cerberus Capital Management, Kimco Realty Corporation, Klaff Realty, Lubert-Adler Partners, and Schottenstein Stores Corporation, and operates 1,075 stores and 14 distribution centers in twenty nine states and employs approximately 115,000 associates. For more information, please visit


2 Responses to Navarro Promoted to CAO, Dimond Joins Company as CFO

  1. terry 25/11/2014 at 2:55 pm

    hi how are you i”m terry with C&H Classic Smoked Fish was established in 1992 by Mike and Leah Clark. Their family has been in the salmon business for nearly 22 years, purchasing and processing salmon in Egegik, Alaska. They currently operate a smoke house in Cathlamet, WA.
    C&H started as a way of using salmon from their plant and developed into a stand alone business. Mike and Leah developed their own recipe and have continued to perfect it until they achieved what they offer today. They use only natural ingredients and never use preservatives. The product is smoked in small amounts, 400-600 pounds per load and is monitored to achieve the proper flavor and moisture profile. The product is fully cooked and ready to eat and is offered both vacuum sealed or in bulk.
    C&H uses a blended combination of apple and cherry wood smoke in their process, giving the product not only a unique sweeter flavor, but also a richer red coloring. They offer several flavors: trad (brown sugar), sweet citrus basil, garlic pepper sriracha, maple habanero
    C&H’s product compares favorably to other smoked salmon and has been has been chosen as the #1 smoked salmon by Alaskan Symphony of Seafood. Once you have tried C&H’s product you will agree it ranks among the best.
    Their plant is inspected by state inspectors and is HAACP certified.
    if you want samples just let me know what you want

    please call terry ostling at 360-560-3912

    • Customer Care 25/11/2014 at 3:40 pm

      Hi Terry! Thank you for your interest in marketing your products with Albertsons. For further information on that process, please send us an email at Thanks, I hope you have a great day! ~Brittany

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