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Safeway’s board of directors has announced that it opposes a call by some shareholders to separate the jobs of chairman and CEO of the company, both of which are now held by Steve Burd.

The shareholders calling for the change are largely public pension funds, and Safeway criticizes them for being in league with the labor unions with which it has had a fractious relationship.
KC's View:
No surprise here.

Then again, we seem to recall that the Disney board took the same approach…until events conspired to force it to make the move.

We’ll see.