Albertsons CEO to step down after Kroger merger fails. What he says about grocer’s future
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 conduct, “while unrelated to the business, was inconsistent with Kroger’s Policy on Business Ethics,” Kroger said in a news release.
Kroger CEO's resignation comes at crucial time for grocery chain
Kroger board member Ron Sargent is taking the helm at the nation’s largest supermarket chain as questions about former CEO Rodney Mullen continue.
Kroger, Albertsons CEOs both leaving their roles after failed $25B acquisition
The CEOs of both Kroger Co. and Albertsons Companies Inc., the two grocery giants that were involved in a failed mega-acquisition attempt, are both leaving their respective companies. Cincinnati-based Kroger announced Monday morning that Rodney McMullen resigned from the company “following a board investigation of his personal conduct that,
Albertsons CEO also out after failed merger with Kroger
Albertsons said on Monday that its CEO Vivek Sankaran would be retiring and insider Susan Morris would assume the role, effective May 1.
Kroger to Report Earnings After CEO Resignation, Merger Failure
The supermarket giant continues to push various growth initiatives despite higher grocery prices hitting the pocketbooks of consumers.
Kroger interim CEO Ron Sargent steps in for Rodney McMullen
In the wake of Kroger CEO Rodney McMullen’s resignation following a board investigation of his personal conduct that was unrelated to the business but was inconsistent with the company’s policy on business ethics,
Kroger and Albertsons, Colorado’s largest grocery chains, are both replacing their CEOs
The leadership changes come just a few months after a federal judge temporarily halted a proposed merger between Kroger and Albertsons.
Albertsons appoints insider to top role as CEO Vivek Sankaran to retire
Albertsons said on Monday its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role, as the ...
Albertsons CEO Vivek Sankaran to Depart, Operating Chief Morris Named Successor
Albertsons operating chief Susan Morris has held that post since January 2018. The disclosure of Sankaran’s impending ...
'Looking at both': Kroger will consider outside and internal candidates for next CEO
Kroger reported 2024 sales results that were lower than Wall Street forecasts on Thursday, but the grocer predicted sales ...
Albertsons CEO Vivek Sankaran to retire
Albertsons said on Monday that its CEO Vivek Sankaran would be retiring and insider Susan Morris would assume the role, ...
Grocery Dive5d
Albertsons names chief operations officer as next CEO
Susan Morris, who has worked at the supermarket chain for nearly 40 years, will take over the top role on May 1 when Vivek ...
Albertsons VP to assume CEO role after planned retirement
Albertsons said Sankaran and Morris will work together until then to make the transition as smooth as possible. “At a time of ...
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Albertsons Stock Slips As COO Susan Morris Named CEO, Retail Sentiment Remains Subdued
Albertsons Companies (ACI) shares fell 1.6% on Monday after the grocery retailer appointed COO Susan Morris as its next CEO.
Grocery Dive2d
The Friday Checkout: Exits of Kroger and Albertsons chiefs tell a tale of two grocers
Rodney McMullen and Vivek Sankaran tried mightily to bring their companies together. Now they’re leaving behind retailers on ...