Bob Dimond is a senior financial executive with over 33 years of experience with large public food retail and wholesale companies, including over 20 years as CFO . His career reflects a strong track record in leading significant transformation initiatives, successful mergers and acquisitions, and identifying and delivering synergies. Bob has been a key leader in formulating and executing business strategy, determining capital allocation priorities, optimizing financial management processes, and driving significant balance sheet improvements. He also brings deep corporate governance experience from working closely with corporate boards for the last 20 years, including audit, finance and compensation committees, and is qualified to serve on audit committees as a financial expert.
Bob is the former Executive Vice President and CFO of Albertsons Companies Inc., a Fortune 100 company and the second largest traditional grocery retailer in the US with $70 billion in sales, 2,278 stores located across 34 states and 300,000 associates. During his seven years at Albertsons, Bob helped lead several acquisitions, including the $9 billion acquisition of Safeway in 2015, and oversaw the realization of over $1 billion in M&A synergies. In addition, he led the successful IPO of the company in 2020 which was the largest IPO to date in the food retail industry. Bob was also significantly involved in the Company’s execution of several large transformation initiatives that delivered in excess of $1.5 billion in annual productivity savings.
Bob was the Executive Vice President, CFO and Treasurer for 12 years at Nash Finch Company, a $5 billion food distribution and retail company where he was responsible for all aspects of accounting and finance, including investor relations, financial analysis and planning, internal audit, risk management, accounting and SEC reporting. He was a key member of the executive team that stabilized core fundamentals and restored financial vitality to the business after a time of economic distress under prior management. In addition, he led several acquistions that resulted in increased market share and drove shareholder value.
Prior to that, Bob served as Senior Vice President and CFO at Wild Oats Markets, as Group Vice President and CFO at Fred Meyer, and as Vice President and Controller at Smith’s Food & Drug Centers where he also was responsible for all aspects of accounting and finance.
Bob previously served as a member of the board of the Northern Star Council of the Boy Scouts of America where he served on the Finance Committee. Bob has also served in committee leadership positions with food industry and finance associations, including Food Marketing Institute (FMI) and Financial Executives International (FEI).
Bob received his bachelors degree in Accounting (Cum Laude) from the University of Utah. He is a CPA and is a member of the American Institute of Certified Public Accountants (AICPA) and the Utah Association of Certified Public Accountants (UACPA).