The CEOs of both Kroger Co. and Albertsons Companies Inc., the two grocery giants that were involved in a failed ...
Albertsons (NYSE: ACI) announced March 3 that Sankaran — who is based in Dallas-Fort Worth along with several members of his ...
Albertsons said on Monday that its CEO Vivek Sankaran would be retiring and insider Susan Morris would assume the role, ...
Despite inflation, shoppers aren’t cutting back that much on purchases, the analyst said, a positive in Kroger’s favor.
The announcement Monday came the same day that Kroger’s CEO, Rodney McMullen, resigned after an investigation by the Cincinnati grocery company’s board into his “personal conduct.” That undisclosed ...
The leadership changes come just a few months after a federal judge temporarily halted a proposed merger between Kroger and ...
In December, federal and state courts blocked the attempted merger between two of Colorado’s grocery store giants: Albertsons ...
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McMullen, 64, earned $15.7 million in 2023. The compensation included nearly $673,000 in performance-based incentive pay, according to SEC filings.
The supermarket giant continues to push various growth initiatives despite higher grocery prices hitting the pocketbooks of ...
(Reuters) -Albertsons said on Monday its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role, as the supermarket chain shifts focus to build its digital sales and ...
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