Albertsons, Sankaran

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. Cincinnati-based Kroger announced Monday morning that Rodney McMullen resigned from the company “following a board investigation of his personal conduct that,
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 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 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 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.
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.
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, with nearly 40 years in the grocery retail sector, will also join the Board of Directors.
Albertsons names chief operations officer as next CEO
Susan Morris, who has worked for nearly 40 years at the supermarket chain, will take over the top role on May 1 when Vivek Sankaran retires.
Albertsons announces new CEO after failed merger
Shortly after Kroger ousted its CEO, Albertsons today announced Susan Morris as it's new CEO effective May 1, 2025.
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,
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Kroger and Albertsons, Colorado’s largest grocery chains, are both replacing their CEOs
The leadership changes come just a few months after a federal judge temporarily halted a proposed merger between Kroger and ...
Albertsons Companies (ACI) Gets a Buy from Telsey Advisory
In a report released today, Joe Feldman from Telsey Advisory reiterated a Buy rating on Albertsons Companies (ACI – Research Report), with a ...
Albertsons will have a new CEO. She's from Colorado.
Albertsons, the parent company of Safeway, will soon have a new CEO who’s grocery career began in Denver. The company’s Chief ...
Kroger stock moves lower as it faces an uncertain future after surprise CEO resignation
As CEO Rodney McMullen announced his resignation, same-store sale growth lagged behind competition and its proposed merger with Albertsons fell through. On Monday before market open, the company ...
Analyst offers outlook on Kroger’s stock, earnings in wake of Albertsons deal cancellation
Despite inflation, shoppers aren’t cutting back that much on purchases, the analyst said, a positive in Kroger’s favor.