Albertsons CEO Sankaran to retire

Albertsons CEO Vivek Sankaran to Depart, Operating Chief Morris Named Successor
Albertsons operating chief Susan Morris has held that post since January 2018. The disclosure of Sankaran’s impending departure comes the same day Kroger said CEO Rodney McMullen would resign.
Albertsons appoints insider to top role as CEO Vivek Sankaran to retire
Albertsons said on Monday its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role, as the supermarket chain shifts focus to build its digital sales and retail media business.
Albertsons CEO Sankaran to retire after failed Kroger buyout
Albertsons (NYSE: ACI) announced March 3 that Sankaran — who is based in Dallas-Fort Worth along with several members of his executive team, although the company is headquartered in Idaho — would retire May 1. He will be replaced by Susan Morris, currently the company's chief operating officer. She appears to be based in Boise.
Albertsons CEO to step down after Kroger merger fails. What he says about grocer’s future
The announcement Monday came the same day that Kroger’s CEO, Rodney McMullen, resigned after an investigation by the Cincinnati grocery company’s board into his “personal conduct.” That undisclosed conduct, “while unrelated to the business, was inconsistent with Kroger’s Policy on Business Ethics,” Kroger said in a news release.
Kroger to Report Earnings After CEO Resignation, Merger Failure
The supermarket giant continues to push various growth initiatives despite higher grocery prices hitting the pocketbooks of consumers.
Albertsons CEO Vivek Sankaran to retire
Albertsons said on Monday that its CEO Vivek Sankaran would be retiring and insider Susan Morris would assume the role, effective May 1. Morris, who has been working with the company since 2018, would also join the board of directors,
Kroger, Albertsons CEOs both leaving their roles after failed $25B acquisition
The CEOs of both Kroger Co. and Albertsons Companies Inc., the two grocery giants that were involved in a failed mega-acquisition attempt, are both leaving their respective companies.
Albertsons VP to assume CEO role after planned retirement
Albertsons said Sankaran and Morris will work together until then to make the transition as smooth as possible. “At a time of profound change for the grocery industry, I am hono
Albertsons CEO also out after failed merger with Kroger
Albertsons said on Monday that its CEO Vivek Sankaran would be retiring and insider Susan Morris would assume the role, effective May 1.
Albertsons COO Morris to assume CEO role after Sankaran retirement
Companies announced a CEO succession plan under which Susan Morris, Executive Vice President and Chief Operations Officer,
Jewel-Osco parent company Albertsons to name new CEO after failed merger
Jewel-Osco parent company Albertsons Companies is replacing its CEO after the failed $25 billion merger with Kroger.
'A position of strength': Kroger projects confidence amid mixed results after CEO exit
Kroger reported 2024 sales results that were lower than Wall Street forecasts on Thursday, but the grocer predicted sales ...
1ACI : Grocery Giant Albertsons Names Susan Morris As New CEO
Albertsons Companies announces CEO Vivek Sankaran's retirement on May 1, 2025, with Susan Morris set to succeed him. Morris, ...
Kroger interim CEO Ron Sargent steps in for Rodney McMullen
In the wake of Kroger CEO Rodney McMullen’s resignation following a board investigation of his personal conduct that was ...
Kroger CEO's resignation comes at crucial time for grocery chain
Kroger board member Ron Sargent is taking the helm at the nation’s largest supermarket chain as questions about former CEO ...