Albertsons Says CEO Vivek Sankaran to Retire May 1
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Albertsons Companies announced that CEO Vivek Sankaran will retire on May 1, and Susan Morris, the current Executive Vice President and Chief Operations Officer, will succeed him.

March 04, 2025 | 1:00 am
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Albertsons Companies announced a leadership change with CEO Vivek Sankaran retiring on May 1, to be succeeded by Susan Morris, the current EVP and COO.
The retirement of a CEO and appointment of a new one can have significant implications for a company. However, since Susan Morris is already part of the leadership team, the transition may be smooth, leading to a neutral short-term impact on the stock price.
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