Albertsons CEO to step down

Albertsons CEO to step down after Kroger merger fails. What he says about grocer’s future
Its planned merger with Kroger over, Boise’s Albertsons supermarket chain is getting a new CEO. Vivek Sankaran, who has run the nation’s second-largest traditional grocery company since September 2019,
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.
Kroger CEO's resignation comes at crucial time for grocery giant
Kroger board member Ron Sargent is taking the helm at the nation’s largest supermarket chain as questions about the former Kroger CEO continue.
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.
Albertsons CEO Vivek Sankaran to retire
Albertson's CEO Vivek Sankaran has announced his retirement from the company.Sankaran's retirment will be May 1, 2025. Albertson's Executive Vice Preisdent and
US states seek legal fees from lawsuit challenging Kroger-Albertsons merger
California, Oregon, Illinois and five other U.S. states have asked a U.S. judge to award them legal fees for winning an order ...
Independent Record7h
Albertsons at 600 N. Fee St. in Helena to close April 12
An Albertsons official said all 39 employees would be offered jobs at the Albertsons on North Montana Avenue or the Safeway.
Albertsons Shares Rise 4.5%, Company Joining S&P MidCap 400
Shares of Albertsons Cos. are trading higher in the after-hours market following news the company will be joining the S&P MidCap 400. Albertsons is slated to replace Aspen Technology on the index on ...
Grocery Dive3d
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 ...
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 4Q Sales Decline Beyond Estimates, Results Come Days After McMullen's Sudden Departure
The Cincinnati company's results come just days after the abrupt resignation of long-time Chief Executive Officer and Chairman Rodney McMullen over personal conduct. They're also the first since a ...
Private Advisor Group LLC Acquires 2,248 Shares of Albertsons Companies, Inc. (NYSE:ACI)
Private Advisor Group LLC increased its stake in shares of Albertsons Companies, Inc. (NYSE:ACI – Free Report) by 17.3% in the 4th quarter, according to its most recent disclosure with the Securities ...
Albertsons: A Compelling Buy Amid Legal Battles And Market Shifts
Albertsons' improved balance sheet and recent dividend increase highlight its potential for future growth. See why I rate ACI ...