Steven A. Burd (born 1949) is an American businessman.[3] He served as Chairman, President and CEO of Safeway Inc. from October 26, 1992 to May 14, 2013.[3][4] He is a member of the Republican Party.

Early life

Burd has a Bachelor of Science degree in Economics from Carroll University in 1971[5] and a master's degree in Economics from the University of Wisconsin–Milwaukee in 1973.[6][7]


Burd was President of Safeway from October 26, 1992 until May 14, 2013, and CEO from April 30, 1993 until May 14, 2013.[4] He joined the Board of Directors on September 7, 1993 and served as Chairman of the Board between May 12, 1998 and May 14, 2013.[4] While CEO of Safeway in 2009, he 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. Steven Burd will receive another $7.5 million in stock as a result of the transaction that combines Safeway and Albertsons supermarket chain.

Burd spearheaded the innovative "Healthy Measures" insurance plan offered to Safeway employees.[8] 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.[8] Employees can get as much as an $800 annual premium reduction. He founded the Coalition to Advance Healthcare Reform in order to promote similar health policies nationally.[8]

Burd sits on the Board of Directors of Kohl's.[3][4]

Personal life

Burd is married to Chris and has two children. He is a born-again Christian. [9]