Susan Morris: EVP Chief Operations Officer: 2023-04-24: 129,175: $20.24: $2.61M Sell. In 2009, Todd took on the role of Vice President of Marketing and Execution until he was asked to take on the position Corporate Vice President of Retail Operations in Pleasanton, California. You must let everyone on your team try new things and fail forward. Some Albertsons Companies, Inc. (NYSE:ACI) shareholders may be a little concerned to see that the Executive VP & COO, Susan Morris, recently sold a substantial US$14m worth of stock at a. Susan Morris Net Worth (2023) Albertsons Companies, Inc Insider Trades With a rich career spanning more than 35 years in the retail grocery industry, Susan has held just about every role imaginable in food retailing, specifically leadership roles across operations, sales, and merchandising. We also seek to simplify the many food-related choices our customers face daily by offering efficient, comprehensive solutions such as meal planning, shopping list creation and prepared foods. The J.A. Karl joined Safeway as a courtesy clerk in the Phoenix Division in 1976, and quickly moved up the ranks, earning his first store manager position in 1982. Albertsons Companies, Inc. - Investors - Governance - Board of Wes holds a Master of Business Administration degree from The University of Texas at Dallas. Mike joined Albertsons Companies in 2019, which was in the beginning stages of defining a strategic transformation that would ultimately lead the company to an IPO in 2020. Your destination for buying luxury property in Grenoble, Auvergne-Rhne-Alpes, France. Susan Morriswho has proven to be a valuable part of Albertsons Cos. leadership team, and who is widely admired within the company for readily accepting new challenges, developing others and bringing teams togetherbegan her career in Albertsons Denver division while still in high school. Susan is a talented leader within our company, and she fully embraces our entrepreneurial spirit and commitment to running really good stores, said Bob Miller, chairman and CEO of Boise, Idaho-based Albertsons Cos. Susan raised her hand to come to Albertsons LLC in 2010 when she was a SVP of sales and marketing for a competitor, and she took the only job we had open a grocery sales manager in our Southwest division. Juliette Pryor is an accomplished corporate executive and corporate board member. In this role, he led sales, business development, product, program, and fulfilment teams to launch strategic sellers into North America. Today, I try to be an active listener. NOW THEREFORE, in consideration of the foregoing and of the mutual covenants and agreements set forth herein and other good and valuable consideration, the Parties agree to the following: (a) continue to serve on any boards of directors upon which the Executive serves as of the Effective. Attention: Andrew J. Scoggin Telephone: (208) 395-5785, If the Executive, to the Executive's home address reflected in the. Susan Morris began her career with Albertsons Cos. the way many top executives do: in stores, taking care of customers on the front line. The largest trade she's ever made was selling 504,005 units of Albertsons Companies stock on 9 August 2022 worth over $14,389,343. A termination for "Cause" shall be effective immediately (or on such other date set forth by the Company). She also serves on the board of the Food Marketing Institute and the San Francisco District 12 Federal Reserve Bank board. Following that, Brad was promoted to District Manager and served in two divisions, Houston and Northern California. terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected or impaired or invalidated. On average, Albertsons Companies executives and independent directors trade stock every 8 days with the average trade being worth of $15,853,314. She also serves on the board of the Food Marketing Institute and the San Francisco District 12 Federal Reserve Bank board. I believe in bringing in the right people to do the job and empowering them and holding them accountable for their results. She has held roles ranging from store director to corporate grocery sales director, VP of bakery and operations and, following the sale of Albertsons Inc.s assets to Eden Prairie, Minn.-based Supervalu, VP of customer satisfaction. (b)reimbursement on a monthly basis of the cost of continuation coverage of group health coverage (including family coverage) for twelve (12) months; sixty (60) days after the Termination Date. Subsequent district manager assignments placed him throughout Northern California and Hawaii prior to being named Vice President, Retail Operations for the Northern California Division. He is one of those outside-the-box thinkers, always coming up with new and better ways to sell more groceries, build better plans, and improve upon both the art and the science of the business. Prior to joining Albertsons Companies, Evan held senior management roles in both manufacturing and logistics at Winn Dixie, Rubbermaid and Mobil Oil. Susan Morris began her career in Albertsons Denver Division while still in high school and worked her way up in the ranks proving her ability to lead, to execute and to bring teams together in one assignment after another in her 30+ years in the retail grocery business. For more than 20 years, she served Vons in retail execution and marketing leadership positions. Michelles innovative, customer-driven approach to leadership has delivered excellent results at every stop in her career. She indeed personifies Albertsons' entrepreneurial spirit. VP & COO at Albertsons Companies. In her latest role, Morris, who has been honored asa Progressive Grocer Top Woman in Grocery twice, in 2009 and 2016,will continue to head the Seattle, Portland, Northern California and Southern California divisions. In no event shall the Executive be entitled to any reimbursement payments after December 31st of the calendar year following the calendar year in which the expense was incurred. and Kathryn Albertsons Foundation and the Food Marketing Institute. Wes most recently served as the Senior Vice President, Marketing and Merchandising for the Southern Division before taking on the role of Division President. Amended and Restated Employment Agreement, dated May 1, 2019, between Albertsons Companies, Inc. and Susan Morris Contract Categories: Human Resources - Employment Agreements EX-10.4 5 aciq3-19ex104b.htm EXHIBIT 10.4 Exhibit Susan Morris - Biography - MarketScreener.com I worked for some great people then who helped me learn the basics of the business, which was far more exciting than I realized. Albertsons is a $76.7 billion company employing over 290,000 employees. Her appointment comes as the companys president and COO, Wayne Denningham, prepares to retire near the end of the companys fiscal year, after more than 40 years with the company, having started out as a teenage clerk. In 2004, he returned to California as President of the Northern California Division. Morris started out in Albertsons Denver division while still in high school and rose through the ranks over her 30-plus years in the grocery industry. These responsibilities consist of budgetary, quality and service levels for the entire supply chain enterprise. Sharon McCollam currently serves as President and Chief Financial Officer of Albertsons Companies, Inc. You can see the complete history of Ms Morris stock trades at the bottom of the page. New store updates are important to our readers, so were adding a monthly feature to highlight them and demonstrate supermarket growth trends around the country. He was named Executive Vice President of Operations, East Region, in April. Susan Morris currently serves as Executive Vice President and Chief Operations Officer of Albertsons Companies, Inc. (NYSE: ACI). She was named EVP, East operations in April 2016 and was moved to lead West region operations in March 2017. In this role, Jennifer and her team are continuously working to raise the bar by anticipating customer needs and offering goods and services that delight shoppers. I learned to take risks, to perhaps make the uncommon choice or the divergent decision when I felt strongly about it. He co-led the firms North American purchasing and supply management practice and was on the leadership team of the North American retail practice. I find that conversations help spark ideas and make me a better, more encouraging leader. SM: Be a good listener. Kelly has a Bachelor of Arts in Business from the University of Bellevue, Bellevue, NE. In this role, she leads the companys retail operations, overseeing more than 2,200 stores across 34 states. Todd began his career in 1981 as a Courtesy Clerk in the Seattle Division. Kelly is an accomplished leader with three decades of grocery industry experience. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. Prior to joining Albertsons Cos., Mike was with Heidrick & Struggles, having joined the firm in 2017 as a Partner in their Consumer Markets Practice. Most recently she exercised 284,838 units of ACI stock worth $5,955,963 on 24 April 2023. A graduate of Gustavus Adolphus College, Mike also holds an MS in Physics from the University of Nebraska. A talented leader with profound commitment, Morris is widely admired within the company for readily accepting new challenges, developing others and bringing teams together. The Company shall have no obligation to provide the benefits set forth above (other than the Accrued Benefits) in the event that the Executive breaches the provisions of Section 6. The Executive shall have fifteen (15) business days after notice from the Company to cure the deficiency leading to the Cause determination (except with respect to (i) above), if curable. This paragraph shall only apply to in-kind benefits and reimbursements that would result in taxable compensation income to the Executive. In October 2017, Jim was also named President of the Eastern division in addition to serving as President of ACME, now leading teams serving customers at more than 290 stores in eight states and Washington, D.C. Jim also serves as Executive Vice President, Retail Operations and Special Projects for Albertsons. Mike was named EVP, East Operations in April 2017. Working together on common goals, achieving great results together and seeing such quick turnaround, with action items quickly translating to results there is not anything like it. Retail is all about detail, and while we may not always register each individual piece, when a store is clean, well merchandised, has a strong fresh presence, and is lit up by happy employees with big smiles, you can literally feel the energy in a store. AMENDED AND RESTATED EMPLOYMENT AGREEMENT, THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this, WHEREAS, the Executive is currently employed by the Company, or its affiliate, pursuant to an Employment Agreement, dated as of August 1, 2017 (the. I feel the freedom to think and innovate drives growth and ownership with accountability drives success. The stresses of the ongoing pandemic, coupled with mounting economic uncertainty, social unrest and more have fueled a pressure cooker for grocery and convenience store customers and their employees. Albertsons Companies' COO Wayne Denningham Retires, Susan Morris McCollam oversees all aspects of corporate finance, strategy, and business development, as well as information technology, supply chain operations, and property development. Trivial Pursuit. Winsight is a leading B2B information services company focused on the food and beverage industry, providing insight and market intelligence to business leaders in every channel consumers buy food and beverage convenience stores, grocery retailing, restaurants and noncommercial foodservice through media, events, data products, advisory services, and trade shows. Suzie Webster was my first work friend there; she taught me the ropes, and she is still with our company today! EVP, COO at Albertsons. Never once did I feel as if I was treated differently as a woman in a very male-dominated world, thanks to Larrys leadership. Juliette received a B.A. No credit card required. Morris will be based at Albertsons Boise corporate campus. VP & COO at Albertsons Companies. He joined Giant Eagle as CIO in 2013. Albertsons unveils contactless payment option at all stores (d)As requested by the Company and at the Company's expense, from time to time and upon the termination of the Executive's employment with the Company for any reason, the Executive shall promptly deliver to the Company, its subsidiaries and its affiliates all copies and embodiments, in whatever form, of all Confidential Information in the Executive's possession or within the Executive's control (including, but not limited to, memoranda, records, notes, plans, photographs, manuals, notebooks, documentation, program listings, flow charts, magnetic media, disks, diskettes, tapes and all other materials containing any Confidential Information) irrespective of the location or form of such material. Prior to that, he served as the company's president and chief operating officer, a position he was named to in 2016. The company was founded in 1939 and is headquartered in Boise, Idaho. Mike and his team also partner across all areas of the business to advance the companys culture. She has proven herself to be a valuable part of our leadership team in readily accepting new challenges, developing others and bringing teams together, and I know that her broad experience will be of significant value to Albertsons Cos. as we move forward.. In his place, the retailer has named Susan Morris Executive Vice President and Chief Operations Officer."Susan is a talented leader within our company, and she fully embraces our He trusted me and empowered me. When I see members of my team flourish and grow. His functions included District Manager, Grocery Sales Manager, Division Vice President of Marketing Merchandising and Corporate Vice President of Grocery Sales. Jims passion for the grocery business began in 1982 at Albertsons as a courtesy clerk, and he developed into a key leader for the company in several areas of the country. MORRIS SUSAN C/O ALBERTSONS COMPANIES, INC. 250 E PARKCENTER BLVD. As the Exec. Prior to that, he served as SVP, Operations and the SVP Marketing and Merchandising for the Southwest Division, respectively. She was named VP of marketing and merchandising in 2012, and then became EVP of eastern operations, and later western operations. There is such power in the pride, passion and ownership of a really great store director!