USC Marshall Honors Safeway EVP as Executive of Year

Press enter to search
Close search
Open Menu

USC Marshall Honors Safeway EVP as Executive of Year

The Food Industry Management Program at the USC Marshall School of Business will honor Larree Renda, EVP, chief strategist and administrative officer of Safeway, Inc., as the "Food Industry Executive of the Year" at its annual graduation banquet in April.

"Larree Renda has been instrumental in propelling the food industry forward with her dedication to education and diversity,” said Professor Thomas Arnold, the program's director. "She has brought innovation, intellect, and most of all, leadership to Safeway and to the entire industry." The award is presented annually to a food industry executive who has shown extraordinary leadership while producing exceptional business results.

Renda, who has been twice named to Fortune magazine's list of the 50 Most Powerful Women in Business, is responsible for all retail strategies and a wide range of administrative functions at the $42.3 billion company's 1,738 stores, helping to make it one of the most profitable supermarket retailers in the United States. She is also the chair of the Safeway Foundation, which supports the company's commitment to serve its communities by funding local nonprofits and national organizations such as the Prostate Cancer Foundation, Easter Seals, the Muscular Dystrophy Association and breast cancer charities.

In 2008, Renda became the first woman to be inducted into the California Grocers Association Education Foundation Hall of Achievement for her contributions to the industry's advancement. She began her Safeway career in 1974 at the age of 16. Renda progressed through Safeway's retail ranks and earned the distinction of being the youngest store manager, district manager and retail operations manager in Safeway's 80-year history. She was additionally the first woman and youngest person promoted to SVP in 1994, and subsequently became Safeway's first female EVP in 1999.

The Food Industry Management Program at the University of Southern California's Marshall School of Business marked its 50th anniversary in 2008. A maximum of 35 students are chosen annually from a wide range of companies in the food industry to participate in the 14-week program. Each student accepted into the program receives a full tuition scholarship from the Western Association of Food Chains. Individuals selected must have proven records of management accomplishments, with significant potential for future advancement.

Arnold, who has directed the Food Industry Management Program for the past 11 years, will present the award to Renda at the annual banquet, which will be held on the USC campus April 22.