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By Daniel Okafor

Grocery & CPG

Albertsons Taps Ken Rinaldi to Lead Newly Created East Region

Albertsons has named Ken Rinaldi regional operating president of its new East Region, covering 316 Jewel-Osco and Shaw's stores, as its four-region reorganization takes shape amid falling sales.

Albertsons names new regional president
PhotoAlbertsons names new regional presidentwaitscm / Openverse

At a glance

  • Albertsons appointed Ken Rinaldi as regional operating president of its newly created East Region, which includes Jewel-Osco (190 stores) and Shaw's (126 stores).
  • The East Region was formed in July when Albertsons consolidated its 11 former divisions into four regions — East, California, West and South — as part of an effort to improve financial performance.
  • Albertsons posted a same-store sales decline in its latest quarter, expects the metric to stay negative for all of fiscal 2026, and has seen its stock drop more than 30% since the start of 2026.

Albertsons has appointed Ken Rinaldi as regional operating president of its newly created East Region, a company spokeswoman confirmed to Grocery Dive.

Rinaldi now leads a group that includes the Jewel-Osco and Shaw's banners. Jewel-Osco operates 190 supermarkets across Illinois, Iowa and Indiana. Shaw's runs 126 locations in Maine, New Hampshire, Rhode Island, Massachusetts and Vermont.

The job is a step up for a longtime company insider. Rinaldi most recently served as president of Albertsons' Shaw's and Star Market banners in the Northeast. He started his career bagging groceries for Star Market while in high school.

Albertsons formed the East Region in July when it adopted a new operating model designed to improve its financial performance. The revised structure consolidated the company's 11 former divisions into four regions: East, California, West and South.

CEO Susan Morris laid out the rationale when the company announced the changes. The goal of the simplified structure, she said, is to "sharpen accountability and strengthen execution in the areas that matter most to our customers: fresh service, store standards, local merchandising and community connection."

The leadership appointment is one of several moves Albertsons has made in recent weeks. Earlier in September, the company recruited former technology industry leader Meg Whitman to serve as executive chair.

The restructuring comes against a difficult financial backdrop. Albertsons posted a same-store sales decline in its latest quarter and said it expects that metric to remain negative for all of fiscal 2026. Investors have responded sharply: the company's stock price has fallen more than 30% since the start of 2026.

Rinaldi's appointment fills a key post in the four-region structure as Albertsons works to show that its reorganization can translate the operational focus Morris described into a sales turnaround.

Original: techtarget.com

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Daniel Okafor

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Senior reporter covering consumer brands and retail at Target Marketing.

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