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Companies in Albertsons Monday says (March 3) CEO Vivek Sankaran retire Can 1 and testament Executive Vice President and Chief Operations Officer Susan MorrisEffectively on that day.

Morris will also participate in Albertsons Cos. Board of Directors on May 1, Replace SankaranThe company said on a Monday Press release.

“Board Susan is confident of the ideal person to lead the company to the next chapter of growth,” Jim DonaldChairman of Albertsons Cos. Board of director, said to release. “With nearly 40-year-year career company starting at an Albertsons store in Denver market, Susan brings bad skill and depth Business to business. “

Morris has served in her current roles at the grocery giant since January 2018, leading its retail operations and overseeing more than 2,200 stores across 34 states, according to the release. Before that, he has different other leadership roles in Albertsons.

“I work hard with Vivek and Team to lead our plans to facilitate growth and confidently we have the right path to our customers for our life strategy,” Morris is like releasing.

the Customers for life strategy are introduced by 2022 and includes Get customers more engaged With Jecommerce and Brand Loyalty Gifts as well as Personalize it Digital experience and Tromotions offer, reported in Pymts in October.

Sankaran led Albertsons Cos. In the last six years, in charge of the company’s response company and driving its customers for the life strategyDonald said to Monday Press Company.

“It is a privilege to lead Albertsons Cos. Through a critical era of evolution and I am not more confident in the future company with Susan in Recom,” says Sankaran to release.

Albertsons said the release company confirmed the fiscal 2024 views it shared it Third quarter Notification Notifications on January 8.

The CEO transition announcement comes on the same day the grocery giant Kroger As that Its chairman and ceo Rodney McMullen TO RESIGN from the company after a board investigation into his personal conduct.

It is reported December 10 that a federal judge is blocked by Kroger’s planned $ 24.6 billion acquisition In Albertsons, quoting concerns that the agreement will reduce the grocery market competition in the US.