Albertsons Companies, Inc. announced that Jim Donald, chair of the board, has elected to retire from his role and from the board. Kim Fennebresque has been elected as the new chair and David Zinsner, executive vice president and chief financial officer of Intel Corporation, will join the board as an independent director. Kim Fennebresque has served as an independent director since 2015, providing leadership and insights on financial strategy, strategic initiatives and risk management. He is also the chair of the supervisory board of BAWAG P.S.K., one of Austria’s largest banks, and he serves on the board of Ally Financial and as the chair of BlueLinx Holdings. “At this important time for both Albertsons Cos. and the industry, I am honored to take on the role of chair of the board,” said Fennebresque.