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Steven Burd

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Full Name  Steven A. Burd
Role  Businessman
Residence  California, U.S.
Political party  Republican Party
Religion  Christianity
Board member of  Kohl's
Name  Steven Burd

Steven Burd CEO Steve Burd39s pay package three times bigger than other

Born  1949 (age 65–66)Valley City, North Dakota, U.S.
Alma mater  Carroll University (B. S.) University of Wisconsin–Milwaukee (M. A.)
Occupation  President, Chairman & CEO at Safeway Inc (1992–2013)
Education  University of Wisconsin-Madison (1973), Carroll University (1971)
Similar People  Robert L Edwards, Kevin Mansell, Moby, Arthur Dehon Little

Steven A. Burd (born 1949) is an American businessman. He served as Chairman, President and CEO of Safeway Inc. from October 26, 1992 to May 14, 2013. He is a member of the Republican Party.

Contents

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Early life

Steven Burd Safeway CEO Steve Burd Grocerycom

Burd has a Bachelor of Science degree in Economics from Carroll University in 1971 and a master's degree in Economics from the University of Wisconsin–Milwaukee in 1973.

Career

Steven Burd Some US companies reforming healthcare inhouse Reuters

Burd was President of Safeway from October 26, 1992 until May 14, 2013, and CEO from April 30, 1993 until May 14, 2013. He joined the Board of Directors on September 7, 1993 and served as Chairman of the Board between May 12, 1998 and May 14, 2013. While CEO of Safeway in 2009, he earned a total compensation of $10,901,892, which included a base salary of $1,449,000, a cash bonus of $358,627, stock awards of $491,611 and options granted of $6,922,200. Steven Burd will receive another $7.5 million in stock as a result of the transaction that combines Safeway and Albertsons supermarket chain. [1]

Burd spearheaded the innovative "Healthy Measures" insurance plan offered to Safeway employees. In this plan, employees get discounts on their health insurance if they show qualified performance in four "tests": tobacco usage, healthy weight, blood pressure and cholesterol levels. Employees can get as much as an $800 annual premium reduction. He founded the Coalition to Advance Healthcare Reform in order to promote similar health policies nationally.

In January 2010, the Washington Post reported that Bund's assertion in June 2009 that Safeway's per capita health-care costs between 2005 and 2009 were flat was in fact true, but had nothing to do with incentives for employees. Those incentives weren't implemented until 2009, and the company forecast that per capita expenses for its employees would rise by 8.5 percent for the 2009 year.

As of 2013, Burd sits on the Board of Directors of Kohl's.

Personal life

Burd is married to Chris and has two children. He is a born-again Christian and lives in Alamo, California.

References

Steven Burd Wikipedia


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