The Untold Story of Albertsons LLC with Andy Scoggin | Ever Onward - Ep. 63

In this enlightening episode, we sit down with Andrew J. Scoggin, founder, CEO, and Chief Investment Officer of Scoggin Capital Investment (SCI), to delve into his extraordinary journey from law to corporate leadership, with a significant focus on his transformative work at Albertsons LLC. Andrew’s career began as an attorney at a San Francisco Bay law firm, but in 1993, he and his wife Elizabeth relocated to Boise, Idaho, where he joined Albertsons Corporation. Over the years, he became an integral part of the company’s success, ultimately joining a small group of former Albertsons executives in 2006 to form Albertsons LLC, a private equity-backed supermarket turnaround company.

Under Andrew’s leadership, Albertsons LLC underwent a remarkable transformation. The company, which was struggling at the time, was restructured and repositioned for success. During this period, Albertsons LLC not only revitalized its operations but also grew to become the largest privately held company in the U.S. Andrew shares behind-the-scenes insights into the company’s acquisition of American Stores and how strategic decisions, including effective leadership and corporate management, were pivotal in reshaping the grocery giant. He also discusses how the grocery landscape has evolved over the years, with an emphasis on how businesses must adapt to changing economic conditions.

In 2020, Albertsons LLC went public as Albertsons Companies Inc., marking a major milestone for the company. That same year, Andrew founded Scoggin Capital Investment (SCI), an investment firm with a diversified portfolio that spans commercial and residential real estate, as well as various business enterprises. While building SCI, Andrew remains passionate about the importance of corporate responsibility, emphasizing the need for businesses to connect with their communities and employees to thrive sustainably. For him, success is about more than just profits—it’s about legacy, relationships, and building a meaningful corporate culture that prioritizes people over numbers.

Join us for this captivating discussion with Andrew as he reflects on his leadership journey, the turnaround of Albertsons LLC, and the lessons he’s learned along the way. Whether you’re in business or just starting your career, Andrew’s insights will inspire you to think bigger, lead with purpose, and make a lasting impact in your professional life.

Andrew J. Scoggin is the founder, CEO, and Chief Investment Officer of Scoggin Capital Investment (SCI). He began his career as an attorney at a San Francisco Bay law firm and moved to Boise in 1993, where he joined Albertsons Corporation. In 2006, Andrew and a small group of former Albertsons executives formed Albertsons LLC, a private equity-backed supermarket turnaround company. Under their leadership, Albertsons LLC grew to become the largest privately held company in the U.S., before going public in 2020. In that same year, Andrew founded SCI, where he continues to lead investments across real estate and business ventures. He is also an active director on corporate and nonprofit boards. Andrew and his wife have four children and six grandchildren, all of whom live in Boise, Idaho.

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