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Albertsons taps Susan Morris for CEO role

Photo: JHVEPhoto - stock.adobe.com

March 11, 2025

The Albertsons Companies, Inc. has announced a CEO succession plan that will place Susan Morris, now EVP and chief operations officer, in the role of CEO following the retirement of current CEO Vivek Sankaran.

Sankaran's retirement is effective May 1, according to a press release. Between now and then Morris will work closely with Sankaran to continue execution of the company's Customers for Life Strategy. Morris will also become part of the company's board.

"Over the past several years, the Board has engaged in a thoughtful and comprehensive succession planning process to identify Albertsons Cos.' next CEO, including evaluating internal and external candidates. The board is confident that Susan is the ideal person to lead the company into its next chapter of growth. With a nearly 40-year career at the company that began at an Albertsons store in the Denver market, Susan brings unmatched expertise and deep knowledge of the business. She is highly respected across the organization and industry, with a strong track record of operational success and passion for serving our customers and communities," Jim Donald, chair of the Albertsons Cos. Board of Directors, said in the release.

"At a time of profound change for the grocery industry, I am honored to be appointed as the next CEO of Albertsons Cos.," Morris said in the release. "I have worked closely with Vivek and the leadership team on our plans to accelerate growth and am confident that we are on the right path with our Customers for Life strategy. I look forward to participating in the fiscal Q4 earnings call where we will discuss our strategy and provide our fiscal 2025 outlook. Albertsons Cos. has an incredibly bright future and the best team in the business — I am energized about the many opportunities that lie ahead."

Morris has served as the executive vice president and chief operations officer since January 2018, leading the company's retail operations, overseeing more than 2,200 stores across 34 states.