Next month, Jennifer Saenz, PepsiCo’s chief marketing officer and food division president, will join Albertsons Cos as executive vice president and chief merchandising officer. come.
Saenz is slated to start at Albertsons on July 12, the Boise, Idaho-based grocer and drug distributor announced on Wednesday. She will take the reins from Executive VP and Chief Merchant Geoff White, who the company says has been on leave.
Saenz will oversee all areas of merchandising, including Own Brands’ own brand portfolio, and be tasked with strengthening brand partner relationships, Albertsons said. As part of the senior leadership team, she will report to President and CEO Vivek Sankaran.
“I am honored to come to Albertsons and work with Vivek and the company’s talented management team,” Saenz (left) said in a statement. “Albertsons is undergoing a transformation that will further strengthen its position as an industry leader and focus on deepening its customer relationships. I look forward to leveraging my experience and working with our vendors to keep delivering great products and great value to our customers. “
43-year-old Saenz brings more than 15 years of consumer packaged goods (CPG) experience to Albertsons, including increasingly responsible positions at PepsiCo since 2005. She currently serves as Global Chief Marketing Officer and President of global food at PepsiCo, overseeing the $ 30 billion PepsiCo Foods portfolio, a position she has held since 2019.
From 2015 to 2019, Saenz was the Senior VP and Chief Marketing Officer of PepsiCo Foods North America, where she drove growth and innovation for the $ 16 billion snacking product portfolio, according to Albertson. Before that, she held various positions in brand and customer marketing within the Frito-Lay business units from 2009 to 2015.
“We’re excited to have Jennifer on the Albertsons team,” said Sankaran. “The obligation to offer our customers a broad and differentiated product range is a key aspect of our transformation strategy. Jennifer’s extensive global industry experience and proven track record of driving growth through marketing, analytics and product innovation based on a deep understanding of the consumer will enable her to make meaningful contributions to our business and the Albertsons brand for our customers and brand partners to strengthen and employees. “
White (left) has served as Albertsons’ chief merchandising officer since his appointment in September 2019, succeeding Shane Sampson, who left the company earlier this month after serving as both chief merchandising officer and chief marketing officer since January 2015 Officer was active. White was President of Own Brands.
Since Sankaran, former CEO of PepsiCo Foods North America, took over the helm of Albertsons in April 2019, several former Pepsi executives have joined the retailer’s management team, including Omer Gajial, Senior Vice President of Pharmacy and Health; Alice Chan, vice president of private label sales and marketing; and Mike Theilmann, Executive VP and Chief Human Resources Officer.
Overall, Albertsons operates Cos. 2,277 stores in 34 states and the District of Columbia under 20 retail banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci’s Food Lovers Market.