Kroger, Albertsons

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.
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.
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.
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 supermarket chain shifts focus to build its digital sales and retail media business.
Albertsons CEO Sankaran to retire after failed Kroger buyout
Albertsons (NYSE: ACI) announced March 3 that Sankaran — who is based in Dallas-Fort Worth along with several members of his executive team, although the company is headquartered in Idaho — would retire May 1. He will be replaced by Susan Morris, currently the company's chief operating officer. She appears to be based in Boise.
Albertsons COO Morris to assume CEO role after Sankaran retirement
Companies announced a CEO succession plan under which Susan Morris, Executive Vice President and Chief Operations Officer,
Jewel-Osco parent company Albertsons to name new CEO after failed merger
Jewel-Osco parent company Albertsons Companies is replacing its CEO after the failed $25 billion merger with Kroger.
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 ...
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Kroger CEO Resigns Amid Ethics Investigation, Company Affirms No Impact on Operations or Reporting
Kroger Chairman and CEO Rodney McMullen has resigned following an internal investigation into his personal conduct, which ...
Kroger Chairman and CEO resigns following investigation into personal conduct
Rodney McMullen, Kroger chairman and CEO, is stepping down after an internal investigation into his personal conduct.
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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 ...
How Kroger CEO Rodney McMullen’s Departure Impacts The Grocery Industry
Under his leadership, Kroger has positioned itself as a formidable competitor to Walmart, Amazon, and other grocery giants.
Kroger C.E.O. Resigns After Board’s Personal Conduct Investigation
The grocery chain said it had investigated its chief executive, Rodney McMullen, and found that his actions were ...
Kroger CEO Rodney McMullen resigns after probe into personal conduct
The conduct is not related to financial performance, operations or reporting, and it did not involve any Kroger associates, ...
Analyst offers outlook on Kroger’s stock, earnings in wake of Albertsons deal cancellation
Despite inflation, shoppers aren’t cutting back that much on purchases, the analyst said, a positive in Kroger’s favor.