Safeway (UNKNOWN:SWY.DL) now has a new person occupying its chief executive's desk. The company has named Robert Edwards as its CEO, succeeding the retiring Steven Burd. Edwards, currently the president of the supermarket chain, will take up the position when Burd enters retirement on May 14.

Edwards has been with Safeway since 2004, when he was hired as chief financial officer and executive vice president. He was named president in 2012 and stepped down from the CEO post this past February. Prior to his time at the company, he filled a number of senior executive positions at Maxtor -- now a division of Seagate -- Imation, and Santa Fe Pacific.

Edwards will also serve on Safeway's board of directors.

Fool contributor Eric Volkman has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.