Albertsons CEO Sankaran to retire after failed Kroger buyout
Albertsons (NYSE: ACI) announced March 3 that Sankaran — who is based in Dallas-Fort Worth along with several members of his executive team, although the company is headquartered in Idaho — would retire May 1. He will be replaced by Susan Morris, currently the company's chief operating officer. She appears to be based in Boise.
Kroger CEO Rodney McMullen resigned from his post on Monday, weeks after a merger with Albertsons fell through.
Kroger 's longtime leader Rodney McMullen abruptly resigned March 2 following a personal conduct probe initiated in February, ...
McMullen, the longtime CEO of the grocery chain, resigned on Monday, March 3, following a board investigation into his ...
In December, federal and state courts blocked the attempted merger between two of Colorado’s grocery store giants: Albertsons (Safeway) and Kroger (King Soopers, City Market). The merger was ...
Kroger has rewarded its shareholders with a quarterly dividend. This Warren Buffett favorite has grown its dividend for more ...
Albertsons operating chief Susan Morris has held that post since January 2018. The disclosure of Sankaran’s impending ...
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