Albertsons Companies, Inc. Announces CEO Succession Plan
Albertsons Companies, Inc. Class A (ACI)
US:NYSE Investor Relations:
investor.archcoal.com
Company Research
Source: Business Wire
EVP and COO Susan Morris to Succeed Vivek Sankaran as CEO After Transition PeriodAlbertsons 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 Company’s Customers for Life strategy. On the effective date, Morris will join the Albertsons Cos. Board of Directors, replacing Sankaran.Jim Donald, Chair of the Albertsons Cos. Board of Directors, said, “Over the past several years, the Board has engaged in a thoughtful and comprehensive succession planning process to identify Albertsons Cos.’ next CEO, including evaluating internal and external candidates. The Board is confident that Susan is the ideal person t
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