Albertsons, Kroger

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 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 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 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 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,
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,
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 ...
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 ...
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 ...
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, ...
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 ...
Albertsons backs FY24 adjusted EPS $2.25-$2.31, consensus $2.31
Backs FY24 adjusted EBITDA $3.95B-$3.99B. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> ...
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.