Mike Theilmann is an accomplished Human Resources leader with a distinguished career spanning over 25 years across retail, hospitality, consumer goods, and venture capital. As Executive Vice President and Chief Human Resources Officer at Albertsons Companies, Mike is instrumental in shaping a people-first culture that empowers the company’s 280,000 associates to create exceptional customer experiences and build community through the joys of food.
Since joining Albertsons Companies in 2019, Mike has led transformative initiatives in talent acquisition, associate development, compensation, benefits, and labor relations. His leadership has been pivotal in redefining the company’s ambition, purpose, and values—enhancing associate engagement and fostering a unified culture across stores, distribution centers, manufacturing plants, and corporate teams. With a passion for developing leaders at every level, Mike has driven forward-thinking strategies that elevate business performance while ensuring a workplace where people feel valued, supported, and inspired.
Prior to Albertsons, Mike served as Group Executive Vice President at J.C. Penney, overseeing human resources, store operations, and communications, contributing to the company’s success during a transformative period. Earlier in his career, he held senior leadership roles at Yum! Brands, where he helped shape the growth and culture of iconic brands such as Taco Bell, Pizza Hut, and KFC. His global experience in leading teams, driving strategic HR initiatives, and navigating complex corporate transactions—including IPOs and mergers & acquisitions—has made him a respected leader in the industry.
Mike finds joy in the simple yet profound power of food to bring people together. His favorite meal is a homemade pizza loaded with fresh vegetables, which he loves sharing with his wife. He believes that food is more than just sustenance—it’s a way to build relationships, celebrate traditions, and inspire well-being. Beyond the table, Mike is an advocate for a balanced lifestyle and enjoys outdoor activities such as hiking and cycling, which fuel his energy and passion for leading with purpose.
What is Michael T. Theilmann's net worth?
The estimated net worth of Michael T. Theilmann is at least $5.84 million as of October 16th, 2025. Mr. Theilmann owns 338,429 shares of Albertsons Companies stock worth more than $5,836,208 as of December 6th. This net worth approximation does not reflect any other assets that Mr. Theilmann may own. Additionally, Mr. Theilmann receives an annual salary of $1,740,000.00 as EVP, Chief Human Resources Officer at Albertsons Companies. Learn More about Michael T. Theilmann's net worth.
How old is Michael T. Theilmann?
Mr. Theilmann is currently 59 years old. There are 9 older executives and no younger executives at Albertsons Companies. The oldest executive at Albertsons Companies is Ms. Melissa C. Plaisance, SVP, Investor Relations, Treasury & Risk Management, who is 63 years old. Learn More on Michael T. Theilmann's age.
What is Michael T. Theilmann's salary?
As the EVP, Chief Human Resources Officer of Albertsons Companies, Inc., Mr. Theilmann earns $1,740,000.00 per year. There are 3 executives that earn more than Mr. Theilmann. The highest earning executive at Albertsons Companies is Mr. Vivek Sankaran, CEO & Director, who commands a salary of $4,630,000.00 per year. Learn More on Michael T. Theilmann's salary.
How do I contact Michael T. Theilmann?
Has Michael T. Theilmann been buying or selling shares of Albertsons Companies?
During the last quarter, Michael T. Theilmann has sold $1,935,000.00 of Albertsons Companies stock. Most recently, Michael T. Theilmann sold 100,000 shares of the business's stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $19.35, for a transaction totalling $1,935,000.00. Following the completion of the sale, the executive vice president now directly owns 338,429 shares of the company's stock, valued at $6,548,601.15. Learn More on Michael T. Theilmann's trading history.
Who are Albertsons Companies' active insiders?
Are insiders buying or selling shares of Albertsons Companies?
In the last twelve months, insiders at the sold shares 3 times. They sold a total of 377,303 shares worth more than $7,377,622.38. The most recent insider tranaction occured on October, 16th when EVP Michael T Theilmann sold 100,000 shares worth more than $1,935,000.00. Insiders at Albertsons Companies own 1.4% of the company.
Learn More about insider trades at Albertsons Companies. Information on this page was last updated on 10/16/2025.