Albertsons (ACI) Announces CEO Succession Plan

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Albertsons Companies, Inc. Announces CEO Succession Plan

March 3, 2025 4:00 PM EST

EVP and COO Susan Morris to Succeed Vivek Sankaran as CEO After Transition Period

Albertsons Reaffirms Fiscal 2024 Outlook

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) (the Company) today announced a CEO succession plan under which Susan Morris, Executive Vice President and Chief Operations Officer, will assume the role of CEO following the planned retirement of Vivek Sankaran, effective May 1, 2025. During the transition period, Morris will work closely with Sankaran to continue execution of the Companys Customers for Life strategy. On the effective... More