Albertsons Companies Appoints Vivek Sankaran President and Chief Executive Officer

March 29, 2019 Albertsons Companies

Albertsons Companies announced today that Vivek Sankaran, Chief Executive Officer, PepsiCo Foods North America, has been appointed President and Chief Executive Officer of Albertsons Companies, effective April 25, 2019. Jim Donald, currently the company’s President and Chief Executive Officer, will continue as Co-Chairman of the Board, with Leonard Laufer serving as the other Co-Chairman. The company’s longtime leader Robert Miller has been named Chairman Emeritus and will continue to serve as a member of the board of directors.