Grocery Stores · Consumer Defensive
CEO, Board Member
Equibles does not estimate personal net worth.
Earlier roles on record: CEO and Board Member at Albertsons Companies, Inc. (ACI) until May 1, 2025. Albertsons Companies, Inc. reported in an 8-K filed March 3, 2025 that Vivek Sankaran retired as member of the Board, effective May 1, 2025. Albertsons Companies, Inc. reported in an 8-K filed March 3, 2025 that Vivek Sankaran retired as Chief Executive Officer, effective May 1, 2025. The proxy statement of Albertsons Companies, Inc. reports total compensation of $546,277 for Vivek Sankaran in fiscal 2025, including a base salary of $276,923. Disclosed compensation is on record for 7 fiscal years. Vivek Sankaran has spoken on 14 earnings calls across 1 company, most recently for Albertsons Companies, Inc. on April 22, 2024. The companies whose calls Vivek Sankaran spoke on are classified in the Consumer Defensive sector.
“On February 27, 2025, Vivek Sankaran, Chief Executive Officer of Albertsons Companies, Inc. (the "Company"), notified the Company's Board of Directors (the "Board") of his decision to retire as CEO and member of the Board effective May 1, 2025.”
“On February 27, 2025, Vivek Sankaran, Chief Executive Officer of Albertsons Companies, Inc. (the "Company"), notified the Company's Board of Directors (the "Board") of his decision to retire as CEO and member of the Board effective May 1, 2025.”
“First, let me say a few words about my upcoming retirement and Susan's succession to the role of CEO. It has been an honor to serve as the Albertsons CEO and work alongside the best people in the industry.”
“First, let me say how wonderful it is to be back hosting all of you on today's call. While we are disappointed that the merger was terminated, we never stopped investing in our business or driving our Customers for Life strategy.”
“In the first quarter, our teams continued to deliver strong operating and financial performance across all key metrics. We want to thank all of our associates for their ongoing service to our customers and communities.”
“In the fourth quarter, our teams continued to drive top-tier operating and financial performance. We want to recognize and thank all of our retail, distribution and manufacturing teams for their commitment to and care of our customers and their communities.”
“Before we begin, we want to thank our retail, distribution center and manufacturing teams for their commitment to safety and passion for serving our customers even as COVID-19 cases continue to rise once again.”
Start not stated–2025-05-01
Start not stated–2025-05-01
Grocery Stores · Consumer Defensive
CEO, Board Member
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Albertsons Companies, Inc. (ACI) | Former Chief Executive Officer | $276,923 | $546,277 |
| 2024 | Albertsons Companies, Inc. (ACI) | Former Chief Executive Officer | $1,500,000 | $15,240,511 |
| 2023 | Albertsons Companies, Inc. (ACI) | Former Chief Executive Officer | $1,500,000 | $15,125,283 |
| 2022 | Albertsons Companies, Inc. (ACI) | Former Chief Executive Officer | $1,500,000 | $16,103,130 |
| 2021 | Albertsons Companies, Inc. (ACI) | Chief Executive Officer | $1,500,000 | $8,639,520 |
| 2020 | Albertsons Companies, Inc. (ACI) | Chief Executive Officer | $1,500,000 | $8,483,335 |
| 2019 | Albertsons Companies, Inc. (ACI) | Chief Executive Officer | $1,280,769 | $28,944,892 |