Albertsons operating chief Susan Morris has held that post since January 2018. The disclosure of Sankaran’s impending departure comes the same day Kroger said CEO Rodney McMullen would resign.

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 (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 said Sankaran and Morris will work together until then to make the transition as smooth as possible. “At a time of profound change for the grocery industry, I am hono

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,

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 said on Monday that its CEO Vivek Sankaran would be retiring and insider Susan Morris would assume the role, effective May 1.

Jewel-Osco parent company Albertsons Companies is replacing its CEO after the failed $25 billion merger with Kroger.