CEO Vivek Sankaran, who took over the helm in 2019, led the company through its scuttled merger with Kroger KR.N.

Albertsons said on Monday that its CEO Vivek Sankaran would be retiring and insider Susan Morris would assume the role, effective May 1. Morris, who has been working with the company since 2018, would also join the board of directors,

He's stepping down as CEO of Albertsons a couple of months after its attempted merger with Kroger was blocked. Learn more about the transition in this story. Vivek Sankaran is stepping down as CEO of Albertsons Cos Inc.

Jewel-Osco parent company Albertsons Companies is replacing its CEO after the failed $25 billion merger with Kroger.