Albertsons Companies (ACI) shares fell 1.6% on Monday after the grocery retailer appointed COO Susan Morris as its next CEO. Morris will succeed Vivek Sankaran, who will step down on May 1. A nearly ...

Albertsons said on Monday its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role, as the ...

Albertsons Companies announced COO Susan Morris will assume the role of CEO following the retirement of Vivek Sankaran, effective May 1, 2025.

Susan Morris, who has worked at the supermarket chain for nearly 40 years, will take over the top role on May 1 when Vivek Sankaran retires.