Albertsons Cos Inc. said Wednesday that Jennifer Saenz will join the grocer as chief merchandising officer, effective July 12. Saenz was previously global chief merchandising officer and president of global foods for PepsiCo Inc. , serving in that role since 2019. She joined PepsiCo in 2005. Albertsons stock is up 12.4% for the year to date while the S&P 500 index has gained 13.1% for the period.