Albertsons CEO Sankaran to retire
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.
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Kroger CEO Resigns Amid Ethics Investigation, Company Affirms No Impact on Operations or ReportingKroger Chairman and CEO Rodney McMullen has resigned following an internal investigation into his personal conduct, which ...
Rodney McMullen’s abrupt exit caps a tumultuous period for the supermarket chain. The company’s next leader will need to ...
In December, federal and state courts blocked the attempted merger between two of Colorado’s grocery store giants: Albertsons (Safeway) and Kroger (King Soopers, City Market). The merger was ...
Despite inflation, shoppers aren’t cutting back that much on purchases, the analyst said, a positive in Kroger’s favor.
Susan Morris, who has worked for nearly 40 years at the supermarket chain, will take over the top role on May 1 when Vivek ...
The time change is less than two weeks away, and Kroger is hoping to make it a little easier. Starting at noon EST on March 4 ...
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