Albertsons CEO also out

Albertsons CEO to step down after Kroger merger fails. What he says about grocer’s future
Its planned merger with Kroger over, Boise’s Albertsons supermarket chain is getting a new CEO. Vivek Sankaran, who has run the nation’s second-largest traditional grocery company since September 2019,
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, 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,
Why the merger between Kroger and Albertsons was blocked by federal and state courts
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 challenged by the Federal Trade Commission
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 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 CEO Vivek Sankaran to retire
Albertson's CEO Vivek Sankaran has announced his retirement from the company.Sankaran's retirment will be May 1, 2025. Albertson's Executive Vice Preisdent and
Albertsons: A Compelling Buy Amid Legal Battles And Market Shifts
Albertsons' improved balance sheet and recent dividend increase highlight its potential for future growth. See why I rate ACI ...
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 ...
Albertsons Shares Rise 4.5%, Company Joining S&P MidCap 400
Shares of Albertsons Cos. are trading higher in the after-hours market following news the company will be joining the S&P MidCap 400. Albertsons is slated to replace Aspen Technology on the index on ...
Albertsons to replace Aspen Technology in S&P 400 at open on 3/11
Albertsons Companies (ACI) will replace Aspen Technology (AZPN) in the S&P MidCap 400 effective prior to the opening of trading on Tuesday, ...
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Albertsons Companies (ACI) Soars 5.3%: Is Further Upside Left in the Stock?
Albertsons Companies, Inc. ACI shares ended the last trading session 5.3% higher at $20.80. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the ...
Kroger 4Q Sales Decline Beyond Estimates, Results Come Days After McMullen's Sudden Departure
The Cincinnati company's results come just days after the abrupt resignation of long-time Chief Executive Officer and Chairman Rodney McMullen over personal conduct. They're also the first since a ...
Private Advisor Group LLC Acquires 2,248 Shares of Albertsons Companies, Inc. (NYSE:ACI)
Private Advisor Group LLC increased its stake in shares of Albertsons Companies, Inc. (NYSE:ACI – Free Report) by 17.3% in the 4th quarter, according to its most recent disclosure with the Securities ...