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, effective May 1. Morris, who has been working with the company since 2018, would also join the board of directors, replacing Sankaran. Sankaran joined the company in 2019 after serving as CEO of PepsiCo Foods North America.

Read More

Yahoo! Finance: ACI News

Enjoying Merger Arbitrage Limited?

Enjoying Merger Arbitrage Limited?

Sign up then! It's quick and FREE

Have time to share an article? It's very much appreciated!!

You have Successfully Subscribed!