BOISE, Idaho — Vivek Sankaran, president of Frito-Lay North America, has been hired by Albertsons Cos. as the grocery chain’s new president and chief executive officer. The 55-year-old Sankaran is replacing Jim Donald, who took the helm in September, succeeding longtime CEO Bob Miller, who stayed on as chairman of the board of directors and
BOISE, Idaho — Albertsons Cos. announced Friday that Vivek Sankaran, chief executive officer of PepsiCo Foods, North America, has been named the new president and CEO of Albertsons Cos., effective April 25. Jim Donald, currently the company’s president and CEO, will continue as co-chairman of the board, with Leonard Laufer serving as the other co-chairman.
BOISE, Idaho — Albertsons Cos. has promoted Jim Donald to the role of chief executive officer, succeeding Robert Miller, who remains with the company as its board chairman. Donald returned to Boise earlier this year to succeed the retiring Wayne Denningham as the company’s president, a title he retains as he assumes day-to-day oversight of
BOISE, Idaho — Jim Donald has been named president and chief executive officer of Albertsons Cos. effective immediately. He had been president and chief operating officer. Robert Miller, currently the company’s chairman and CEO, will continue as chairman . Donald’s 47-year retail career began as a trainee in Florida with Publix Super Markets Inc. He
BOISE, Idaho — Albertsons Cos. posted a sales increase of 1%, to $18.7 billion, during the 16-week fiscal first quarter ended June 16. The company attributed the $193.4 million increase in sales mainly to higher fuel sales (up $154.1 million). Same store sales for the quarter were up 0.2%. Gross profit margin increased to 27.7%
BOISE, Idaho — Albertsons Cos. has hired Jim Donald as president and chief operating officer. Donald, 64, replaces Wayne Denningham, who retired earlier this year. Susan Morris, who in January was named executive vice president and chief operations officer, will continue in that role, Albertsons said earlier this month. Donald is a retail veteran with
BOISE, Idaho — Albertsons Cos. has tapped retail veteran Jim Donald, former president and chief executive officer of Starbucks, to serve as its new president and chief operating officer. In his new role, Donald will have responsibility for the operations of the retailers’ more than 2,300 stores and will help drive the growth of the