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]
Safeway 2010 Definitive Proxy Statement filed April 1, 2010.
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