Age, Biography and Wiki

Steven Burd (Steven A. Burd) was born on 1949 in Valley City, North Dakota, U.S., is a President. Discover Steven Burd's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 74 years old?

Popular As Steven A. Burd
Occupation President, Chairman & CEO at Safeway Inc (1992–2013), President & CEO at Burd Health LLC (2013-present)
Age N/A
Zodiac Sign
Born 1949
Birthday 1949
Birthplace Valley City, North Dakota, U.S.
Nationality North Dakota

We recommend you to check the complete list of Famous People born on 1949. He is a member of famous President with the age years old group.

Steven Burd Height, Weight & Measurements

At years old, Steven Burd height not available right now. We will update Steven Burd's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Steven Burd Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Steven Burd worth at the age of years old? Steven Burd’s income source is mostly from being a successful President. He is from North Dakota. We have estimated Steven Burd's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income President

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Timeline

2021

On October 6, 2021, Burd, testified in the Theranos trial and gave details about the failed multimillion-dollar remodel of the Safeway stores. He gave evidence that Safeway spent $300 million to build out clinics in hundreds of Safeway stores and the strategy of the partnership was, "while you’re shopping and before you leave you’re going to get the results of that blood test." Burd also testified that Holmes told them the Theranos blood testing technology was deployed by the U.S. military in the Middle East.

2013

As of 2013, Burd sits on the Board of Directors of Kohl's. In September 2013, Burd also founded Burd Health LLC with the intent to help companies lower the costs of their own healthcare plans.

In April 2013, when asked by analysts about the wellness play he had alluded to in earlier calls, he said “It hasn’t happened yet.” Burd retired from Safeway the next month. No Theranos devices were ever successfully deployed in Safeway stores and in November 2015, Safeway and Theranos formally ended their relationship.

2012

In 2012, Burd told investors and that the grocery chain was “contemplating a significant…wellness play.” During the implementation of the project, Safeway had Theranos conduct blood testing at their headquarters clinic that compared Theranos test results with those of traditional blood testing methods. However, these results showed inconsistencies between the two methods. According to two former executives, Burd was told about the inconsistent results. Burd told them that he had been reassured by Elizabeth Holmes and continued to support the project.

2010

In January 2010, the Washington Post reported that Burd's assertion in June 2009 that Safeway's per capita health-care costs between 2005 and 2009 were flat was in fact true, but had nothing to do with incentives for employees. Those incentives weren't implemented until 2009, and the company forecast that per capita expenses for its employees would rise by 8.5 percent for the 2009 year.

1992

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

Burd was President of Safeway from October 26, 1992 until May 14, 2013, and CEO from April 30, 1993 until May 14, 2013. 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. 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. [1]

1971

Burd received a Bachelor of Science degree in Economics from Carroll University in 1971 and a master's degree in economics from the University of Wisconsin–Milwaukee in 1973.