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 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 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 said on Monday that its CEO Vivek Sankaran would be retiring and insider Susan Morris would assume the role, effective May 1.

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,

US retailer Albertsons said its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role.

He's stepping down as CEO of Albertsons a couple of months after its attempted merger with Kroger was blocked. Learn more about the transition in this story. Vivek Sankaran is stepping down as CEO of Albertsons Cos Inc.

Jewel-Osco parent company Albertsons Companies is replacing its CEO after the failed $25 billion merger with Kroger.