(RTTNews) - Albertsons Companies, Inc. (ACI) Monday announced that COO Susan Morris will assume the role of CEO following the planned retirement of Vivek Sankaran, effective May 1, 2025.
Albertsons Companies (ACI) shares fell 1.6% on Monday after the grocery retailer appointed COO Susan Morris as its next CEO.
announced a transition in leadership as Susan Morris, currently Executive Vice President and Chief Operations Officer, is set to take over as CEO on May 1, 2025, succeeding Vivek Sankaran.