Albertsons Companies, Inc. has announced that its Chief Executive Officer, Vivek Sankaran, will retire from his position and the company's Board of Directors effective May 1, 2025. The company clarified that Sankaran's departure is not due to any disagreement regarding its operations, policies, or practices.

As part of its succession plan, Albertsons has appointed Susan Morris, currently the company’s Executive Vice President and Chief Operations Officer, as the new CEO. Morris, 56, has been with the company since January 2018 and will also join the Board of Directors upon her appointment as CEO. There are no known related party transactions or family relationships between Morris and other company executives.

A press release announcing the leadership transition has been filed as an exhibit to the company's report.