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Susan Morris Appointed As CEO of Albertsons Companies, Inc., Following Vivek Sankaran's Planned Retirement

Susan Morris Appointed As CEO of Albertsons Companies, Inc., Following Vivek Sankaran's Planned Retirement

03/04/25, 7:11 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgboise
Industry
food and beverage
retail
Position
chief executive officer
Albertsons Companies, Inc announced a CEO succession plan, appointing Susan Morris as the new CEO following the planned retirement of Vivek Sankaran. Morris, who currently serves as the Executive Vice President and Chief Operations Officer, will assume the CEO role effective May 1, 2025. The company also confirmed the reaffirmation of its fiscal 2024 outlook.

Company Info

Company
Albertsons Companies
Location
boise, idaho, united states
Additional Info
Albertsons Companies is a leading food and drug retailer in the United States. As of November 30, 2024, the Company operated 2,273 retail food and drug stores with 1,732 pharmacies, 405 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Columbia under more than 20 well known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci’s Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2023, along with the Albertsons Companies Foundation, the Company contributed more than $350 million in food and financial support, including more than $35 million through our Nourishing Neighbors Program to ensure those living in our communities and those impacted by disasters have enough to eat.

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