Albertsons names Sankaran president and CEO
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.