Safeway names JPMorgan Chase executive as its new CFOPeter J. Bocian, executive vice president and head of Corporate Services and Finance at JPMorgan Chase, will join Pleasanton-based Safeway Inc. as its new chief financial officer Feb. 19.
Peter Bocian has extensive financial background with major firms
In his new position and also as executive vice president, Bocian, 58, will oversee the Safeway's financial functions including accounting, tax, audit, treasury, investor relations, planning and business development. He will report directly to Robert Edwards, Safeway's president.
Bocian most recently served as executive vice president, head of corporate services and finance at JPMorgan Chase, the New York-based global financial services company.
While at JPMorgan Chase, Bocian had overall responsibility for global real estate, procurement, technology and real estate finance and general services for the firm.
Prior to joining JPMorgan Chase, he spent three years as executive vice president and chief administrative officer at Palo Alto-based Hewlett-Packard. Earlier, he was CFO and chief administrative officer at Seattle-based Starbucks. He also had a long and successful 24 years with Ohio-based NCR Corp.
"We are pleased to have attracted someone with Pete's demonstrated business leadership skills and deep financial credentials to our senior executive team," Safeway's Edwards said. "His proven ability to effectively manage a broad cross section of complex finance and administrative functions, as well as his extensive experience with retail-focused companies will be of considerable added value to our business."
Bocian holds a master's in business administration in accounting and a Bachelor of Arts in Russian from Michigan State University, and served in the U.S. Navy.