Steven Burd

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Burd (middle) meets with President Barack Obama along with other business leaders on May 12, 2009.

Steven A. Burd (born 1949) is the President and CEO of Safeway Inc. He has been President of the company since October 26, 1992.[1]

Mr. 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. Mr. Burd founded the Coalition to Advance Healthcare Reform in order to promote similar health policies nationally.[2]

While CEO of Safeway in 2009, Steven Burd 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.[3]

[edit] References

Safeway 2010 Definitive Proxy Statement filed April 1, 2010.


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