Safeway appoints new finance chief

Pleasanton-based Safeway has tapped Peter Bocian to replace Robert Edwards as its chief financial officer, effective Feb. 19.

The company in April promoted Edwards, who had been CFO since 2004, to the post of president and said he would continue in the finance chief's role until his successor was named.

Bocian joins Safeway from JPMorgan Chase, where he was executive vice president and head of corporate services and finance.

The incoming CFO also served in the U.S. Navy. Bocian also has worked at Hewlett-Packard (HPQ) as chief administrative officer and at Starbucks as CFO.

Safeway, which is struggling with volume declines, said last month that its longtime chairman and chief executive, Steve Burd, will retire in May.

Solyndra factory now belongs to Seagate

Seagate Technology, as expected, has completed its $90.2 million purchase of the cavernous solar panel factory in Fremont that once was operated by Solyndra.

"The primary use of the building will be to replace our current media R&D facility in Fremont," Seagate spokesman Brian Ziel said in an email to this newspaper. "It's a little too early to discuss exact plans in terms of expansion or hiring. We have about 500 employees in our current Fremont facility."

The factory is perched prominently along Interstate 880 at 47488 Kato Road, the northernmost building that Solyndra had operated on that street before the once high-flying solar maker imploded in August 2011.

-- Staff