Bob Edwards Board’s Director, KKR Financial Holdings

KKR Financial Holdings LLC, a specialty finance company with expertise in a range of asset classes announced that Mr. Robert L. Edwards has been appointed to the Board of Directors, effective November 3, 2011.

  Edwards was also appointed to the Audit Committee of the Board of Directors.

Edwards, 56, is Executive Vice President (EVP) and Chief Financial Officer (CFO) of Safeway. In this role, he has overall responsibility for the company’s finance, accounting, treasury, planning, investor relations, risk management, information technology, real estate and legal functions, as well as energy and fuel operations. He joined Safeway in March 2004.

Prior to Safeway, Edwards served as EVP and CFO of Maxtor Corporation, a supplier of hard disk drives. Prior to joining Maxtor, he was Senior Vice President, CFO and Chief Administrative Officer at Imation Corporation, a manufacturer of magnetic and optical data storage media. His background also includes 20 years of increasing responsibility at Santa Fe Pacific Corporation, a global business operating in the energy industry. He is a director of Casa Ley, in which Safeway, Inc. has a 49% ownership interest. In October 2008, Mr. Edwards was elected to the board of directors of Flextronics, an electronics manufacturing services provider, where he serves on the audit committee.

He holds BS and MBA degrees from Brigham Young University.

KFN’s other independent directors include Tracy L. Collins, Vincent Paul Finigan, R. Glenn Hubbard, Ross J. Kari, Deborah H. McAneny, Scott A. Ryles and Willy R. Strothotte.