Justin Dye is a Senior Advisor in the firm’s Grocery, Pharmacy & Restaurants Group, advising clients in the grocery retail and distribution sectors, as well as in related Consumer Products verticals. He joined PJ SOLOMON in 2017.
Mr. Dye helped lead Cerberus’ acquisition of Albertsons’ “non-core” stores (Albertsons LLC) in 2006, after which he was appointed Chief Strategy Officer. Under his leadership, Albertsons executed acquisitions, operational improvements and successful turnarounds of various chains, including Safeway, New Albertsons (from Supervalu), United Supermarkets and Haggen Food & Pharmacy. Over ten years, the company grew from approximately $10 billion in sales with roughly 660 stores to over $60 billion in sales and over 2,300 stores.
Most recently, Mr. Dye served as Chief Administrative Officer and a member of the Office of the CEO, running day-to-day operations of Albertsons Companies, which grew to become the second-largest supermarket chain in the United States. He led integration activities for the Albertsons and Safeway merger with over $800 million in synergies.
Former to these roles, Mr. Dye was a General Manager at General Electric, where he ran their industrial X-ray equipment manufacturing business in Hamburg, Germany and was a member of the Business Development Group for GE Aircraft Engine.
Mr. Dye began his career at Arthur Anderson Business Consulting where he focused on cost reduction, growth strategies and merger integration.
Mr. Dye is the Founder and CEO of ripKurrent, a company offering advanced energy and digital solutions to retail grocers, distributors, manufacturers, stadiums, senior living facilities, etc.
Mr. Dye holds a BA, with academic honors, from DePauw University.