Albertsons operating chief Susan Morris has held that post since January 2018. The disclosure of Sankaran’s impending departure comes the same day Kroger said CEO Rodney McMullen would resign.

Albertsons Companies announces CEO Vivek Sankaran's retirement on May 1, 2025, with Susan Morris set to succeed him. Morris, with nearly 40 years in the grocery retail sector, will also join the Board of Directors.

Susan Morris, who has worked for nearly 40 years at the supermarket chain, will take over the top role on May 1 when Vivek Sankaran retires.

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 retail media business.

Susan Morris, EVP and COO, will succeed Vivek Sankaran as CEO after a transition period. Albertsons 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.

Albertsons Companies (ACI) shares fell 1.6% on Monday after the grocery retailer appointed COO Susan Morris as its next CEO. Morris will succeed Vivek Sankaran, who will step down on May 1. A nearly 40-year Albertsons veteran,