Susan Morris - ACI / Albertsons Inc - Insider Trade Report EXTENDED This page shows the track record and history of MORRIS SUSAN insider trades in Albertsons Inc. Susan has more than 38 years experience in the retail grocery industry and has held a variety of leadership roles across the company. My family plays it when we go home for the holidays. We also collaborate with third parties, including Instacart, for rush delivery, as well as with Grubhub and Uber Eats for delivery of our prepared and ready-to-eat offerings. In 2021, Carl was named Portland Division President and drove sales growth and market share. We literally have 2,250 laboratories across the country, and having empowered leaders at every level in our company will lead to better, stronger, faster ideas than one small group of people in one place. They have three adult sonsall college graduates, one married, and three adorable grandsons. Omer graduated with a BE in Civil Engineering from the National University of Sciences and Technology, Risalpur, and received an MBA from the Johnson School at Cornell University. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. (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. She received an undergraduate degree from Colorado State University. Wearing masks, implementing new health and safety processes quickly, cleaning every surface time and time again our amazing people have done this diligently since the very beginning of this crisis, and still manage to bring a smile to work. In January 2018, Susan was appointed EVP & Chief Operations Officer. Grocery Business The Latest "I believe in bringing in the right people to do the job and empowering them and holding them accountable for their results. As of 24 April 2023 she still owns at least 738,002 units of Albertsons Companies stock. 1 challenge: COVID! WHEREAS, the Parties desire to amend and restate the Prior Employment Agreement to set forth the terms and conditions of the Executive's continued employment with the Company under this Agreement that will supersede the Prior Employment Agreement. Susan has been recognized numerous times for her leadership in the grocery industry, including being named a Top Women in Grocery and Tribute to Women in Industry (Idaho) honoree. Susan is a graduate of Colorado State University. Get news highlights delivered directly to your e-mail inbox. from Georgetown University, where she also received a M.S. "Albertsons Pay combines your just for U. She serves on the board of the J.A. Susan Morris has been appointed EVP and COOof Albertsons Cos., in which she will oversee Albertsons supply chain, manufacturingand operations functions. Additionally, in the event that following the date hereof the Company or the Executive reasonably determines that any compensation or benefits payable under this Agreement may be subject to Section 409A of the Code, the Company and the Executive shall work together to adopt such amendments to this Agreement or adopt other policies or procedures (including amendments, policies and procedures with retroactive effect), or take any other commercially reasonable actions necessary or appropriate to (x) exempt the compensation and benefits payable under this Agreement from Section 409A of the Code and/or preserve the intended tax treatment of the compensation and benefits provided with respect to this Agreement or (y) comply with the requirements of Section 409A of the Code and related Department of Treasury guidance. The second thing that sparked my interest in Bobs remarks was how you raised your hand to come to Albertsons in 2010 when you were an SVP for a competitor and took the only job available at the time: a grocery sales manager in the Southwest division. In this case, raising my hand meant I was willing to take several steps backward in my career in order to join a company whose cultures and philosophies aligned with my own personal beliefs and goals. (a)During the course of the Executive's employment by the Company and its affiliates (prior to, during, and if applicable, after, the Term), the Executive has had and shall have access to certain trade secrets and confidential information relating to the Company, its subsidiaries and its affiliates (the. Susan loved the nimble structure the divisional office presents. (a) any supplier, vendor or service provider to the Company, its subsidiaries or its affiliates to terminate, reduce or alter negatively its relationship with the Company, its subsidiaries or its affiliates or in any manner interfere with any agreement or contract between the Company, its subsidiaries or its affiliates and such supplier, vendor or service provider; or (b) any employee of the Company, its subsidiaries or its affiliates or any person who was an employee of the Company, its subsidiaries or its affiliates during the twelve (12) month period immediately prior to the date the Executive's employment terminates to terminate such employee ' s employment relationship with the Protected Parties in order, in either case, to enter into a similar relationship with the Executive, or any other person or any entity in competition with the Business. Like many of the companys executives, he started as a courtesy clerk and gradually worked his way up until he was running his own store. He earned his bachelors degree in business from Northern Arizona University. Susan's advice for professionals aspiring to be future leaders:I truly believe in and try to practice advocacyboth for people who are in the room and those who are not. In the last 3 years at Albertsons Companies, Inc, Susan Morris has sold an estimated value of $22.98M. In 2016, he was appointed Senior Vice President of Operations for the Seattle Division. Omer worked in Corporate Strategy at PepsiCos headquarters in NY and was named VP Global Strategy. Executive Vice President, Chief Operations Officer, President, Shaw's and Star Market Division, EVP, Retail Operations, & President, Mid-Atlantic Division, Do Not Sell or Share My Personal Information. He worked through store positions of increasing responsibility until being promoted to Store Director, a position he held for several years. In this role, she leads the companys retail operations, overseeing more than 2,200 stores across 34 states. I had graduated from high school a semester early and wanted to save money before college. Karl lives in Walnut Creek, CA with his wife, Aurelia. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Jennifer is also responsible for ACIs award-winning Own Brands program and strengthening our relationships with brand partners. Susan says, "One of the key lessons I have learnt overtime is never hesitate to ask for what you want because you often get it. Today, we have technology that enables companies to develop more personal relationships with customers around the globe. 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. At the Company's request and expense, the Executive shall assist the Company, its subsidiaries and its affiliates during the period of the Executive's employment by the Company, its subsidiaries and its affiliates and thereafter in connection with any controversy or legal proceeding relating to such invention, improvement or discovery and in obtaining domestic and foreign patent or other protection covering the same. Albertsons. In 2005 Todd was promoted to Vice President of Retail Operations in Safeways Denver Division. Albertsons Companies, Inc. operates as a subsidiary of Albertsons Investor Holdings LLC. Susan Morris currently serves as Executive Vice President and Chief Operations Officer of Albertsons Companies, Inc. (NYSE: ACI). In 2004, he returned to California as President of the Northern California Division. The latitude of Grenoble, the Auvergne-Rhne-Alpes, France is 45.171547, and the longitude is 5.722387.Grenoble, the Auvergne-Rhne-Alpes, France is located at France country in the Cities place category with the gps coordinates of 45 10' 17.5692'' N and 5 43' 20.5932'' E. Morris was then named EVP, East operations in April 2016 and transitioned to lead West region operations in March 2017. Susan Morris currently serves as Executive Vice President and Chief Operations Officer of Albertsons Companies, Inc. (NYSE: ACI). But at the same time, they need freedom and empowerment to bring their unique set of skills to the table, and to build their own plans and innovation. 2015, Executive Vice President, West Region, in 2016, and returned to lead the ACME division in June 2017. Do it anyway. Prior to that, he served as SVP, Operations and the SVP Marketing and Merchandising for the Southwest Division, respectively. To win with the customer, you must build deep and lasting relationships, and show them you care. After the sale of Albertsons Inc.s assets to SUPERVALU, Brad was promoted to Director of Operations in Eugene, Oregon. He started as a Franchise Manager in the West Asia Business Unit and later held several marketing and business development roles in Dubai. The Clermont-Auvergne-Rhne-Alpes Centre brings together the units located in the Auvergne region, from Bourbonnais to Aurillac via Clermont-Ferrand, with 14 research units and 14 experimental facilities, representing 840 staff (permanent and contractual staff). Currently, Susan Morris is Chief Operations Officer & Executive VP at Albertsons Cos., Inc. She previously occupied the position of President-Intermountain Division at Albertson's LLC. The latest from Winsight Grocery Business, sent straight to your inbox. Wes was also the Director of Grocery for five years, Vice President, Center Store for two years, and was instrumental in Uniteds growth in key categories in addition to playing a vital role in the launch of many new store brands and new store formats such as Market Street. These capabilities are further enhanced through targeted technology investments and partnerships like the ones we have announced with Glympse for location sharing of store pickup and home delivery orders, and Takeoff Technologies for automated micro fulfillment to support our e-commerce efforts. They are all high-performing, talented executives. What they need from me now is to help align them on common vision and strategy, when it makes sense to act as one across the country. The 2020 Top Women in Grocery: CPG Trailblazer, The 2020 Top Women in Grocery: Store Managers, The 2020 Top Women in Grocery: Rising Stars, The 2020 Top Women in Grocery: Senior-Level Executives, Kroger, Albertsons CEOs Counter Myths About Merger, Walmart International Names VP Sourcing - Fresh. Congrats on your recent promotion in early 2018, Susan. Albertsons is part of the Grocery Retail industry, and located in Idaho, United States. He is married to Marcie Hopper, and they have four daughters and eight grandchildren. Vivek most recently served as CEO of PepsiCo Foods North America. Prior to that, he served as the company's president and chief operating officer, a position he was named to in 2016. MORRIS SUSAN C/O ALBERTSONS COMPANIES, INC. 250 E PARKCENTER BLVD. 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. Mike serves on the board of two venture-backed technology companies; Catapult Health and Leapyear Technologies. Get news highlights delivered directly to your e-mail inbox. Susan Morris currently serves as Executive Vice President and Chief Operations Officer of Albertsons Companies, Inc. Susan 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. Before leading the Southwest Division, she served as Shaws Division President in July 2018 and was previously Senior Vice President of Marketing and Merchandising in 2016. Push yourself to do things that makes you uncomfortable. There are stories that Joe Albertson knew the name of every one of his customers in the first store he built in 1939. Before joining Albertsons Cos., Omer was the General Manager for Amazon Marketplace business, across Hardlines, Softlines, and Consumables categories, for the U.S., Canada, and Mexico. Over the years, John took on various roles in several divisions including Denver, Portland, Southern and Intermountain. In 2013, Morris became Intermountain division president after three years in the companys Southwest division, and was appointed to lead the Denver division two years later. Prior to this position, he was President of the Seattle Division for Safeway and Albertsons. 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.. My time with Larry was so formative in the way I learned about grocery, and also in how I learned how to navigate the business world. Susan Morris Executive Vice President, Chief Operations Officer Juliette Pryor EVP, General Counsel & Secretary Evan Rainwater EVP, Supply Chain & Manufacturing Jennifer Saenz EVP, Chief Merchandising Officer Mike Theilmann EVP, Chief Human Resources Officer Division Leadership Rob Backus President, Shaw's and Star Market Division In 2014, he was promoted to Senior Vice President of Operations in the Nor Cal Division. In 2010, she was Senior Vice President of Sales and Merchandising when she left SUPERVALU to join Albertsons LLCs Southwest Division as Grocery Sales Manager, and was appointed Vice President of Marketing & Merchandising in 2012. Teams that are engaged and feel like they are part of something bigger, that know that their roles matter, are incredible advocates to the customer. SM: Right now, there is no average workday. I think everyone in our industry wakes up thinking about two things: the safety of their employees and their customers, and how to ensure that we are able to continue to supply food and essential items for the communities we serve. Vivek has an MBA from the University of Michigan, a master's degree in manufacturing from Georgia Institute of Technology and a bachelor's degree in mechanical engineering from the Indian Institute of Technology in Chennai. I could not be more proud of our store, field, distribution and manufacturing teams, who have literally worked tirelessly for weeks on end. A termination for "Cause" shall be effective immediately (or on such other date set forth by the Company). There is no better feeling than seeing someone you have mentored reach for new heights and accomplish more than they originally expected. 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. In 2002, he was promoted to Senior Vice President, Corporate Retail Operations, and named President of the companys 178-store Eastern Division. Morris was named EVP of East Operations in 2016, and in 2017 was appointed to helm the companys West Region Operations, which she continues to lead as part of her current EVP and COO duties. A graduate of Gustavus Adolphus College, Mike also holds an MS in Physics from the University of Nebraska. On October 15, 2014, Karl was awarded the Illuminators Torch Award. 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 In 2022, Kelly served as Owner and President of Pro-Motion Partners, a food brokerage company representing branded and private-label CPG companies worldwide. Top Women in Grocery is a community that has continued to growsince 2007, with the best and brightest women in the industry. Excited for the future! The most active insiders traders include Capital Management, L.P. Ce, Jay L Schottenstein, and Realty Corpkrs Abs, Llckrsx. As a result, we have accelerated our Drive Up & Go buildout and have made several enhancements to our e-commerce platform that we believe will meaningfully improve the overall customer experience and enable us to drive growth and market share. Albertsons announced that President and Chief Operating Officer Wayne Denningham plans to retire near the end of the company's fiscal year. The coronavirus pandemic has significantly increased demand for food at home, particularly through our e-commerce offerings. I raised my hand, asked for what I wanted and asked for them to take a chance on methen I worked my tail off to prove to them I could do more. Susan Morris has been working as a Chief Operations Officer & Executive VP at Albertsons for 38 years. Who are your heroes? His experience also includes Executive Vice President, Operations of Safeway Stores, Inc., Safeways President of Merchandising, and Portland Division President. She personifies Albertsons' entrepreneurial spirit. McCollam previously served as Executive Vice President, Chief Administrative and Chief Financial Officer of Best Buy Co., Inc. (NYSE: BBY). "Working together on common goals, achieving great results together and seeing such quick turnaround, with action items quickly translating to resultsthere is not anything like it," she recalls. Our goal moving into 2018 and beyond is to ensure our people are prepared to make every day a better day for our customers. I would have to try to get them to commit to coming in to make payments. We absolutely, positively stink at this game, but we laugh till we cry every time. I have never once regretted that move! At the end of 2014 Karl was promoted to Senior Vice President of Corporate Merchandising for the new Go Forward Albertsons and Safeway Companies. VP & COO of Albertsons Companies, the total compensation of Ms Morris at Albertsons Companies is $2,789,235. While in Houston, Sidney co-chaired the Souper Bowl of Caring, a statewide initiative among grocery stores to. 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. In 2013, Morris was named Intermountain division president after a three-year stint in the company's Southwest division, and subsequently was asked to lead the Denver division in 2015. First, I needed to save money, so I applied for a job at the local division office as a data entry person [a pricer]. Mike Withers began his career with Albertsons in 1976 in Boise. SM: When you walk in the entryway and see the corners are clean even the high ones that no one looks at the floor is shining, and the carts are stacked in an orderly fashion, you are likely to have a good experience. Ms Morris is 52, she's been the Exec. With more than 36 years of grocery experience under his belt, Sidney Hopper returned to The United Family in October of 2018, as president of the company he joined in 1980 as a sacker. I was always so impressed with how she carried herself, even in tough situations. Susan Morris: Honestly, our people are, and will always be, the most important piece in running a really great store. A talented leader with profound commitment, Morris is widely admired within the company for readily accepting new challenges, developing others and bringing teams together. SM: Larry Hansen was the grocery sales manager I worked for when I got my job at the office. Jim joined Giant Food of Maryland LLC as a Regional Vice President, returning to Albertsons as President of ACME Markets in 2013. Sharon McCollam currently serves as President and Chief Financial Officer of Albertsons Companies, Inc. Its food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. 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. Hopper holds an executive MBA from The University of Texas at Dallas. McCollam oversees all aspects of corporate finance, strategy, and business development, as well as information technology, supply chain operations, and property development. Most recently, John was Senior Vice President of Marketing and Merchandising for Denver Division, before being chosen for his current position of Division President of the Intermountain Division in October 2017. It taught me to be very tactful and considerate, and I developed a sense of knowing when to be firm in communicating with others. Widely recognized as a leader in customer and employee satisfaction, Yum was named the #1 Place to Work in Dallas in 2003 and #2 in 2004 by The Dallas Business Journal and is one of Fortune Magazine's "Most Admired Companies" in America and "50 Best Companies for Minorities." Listen in to WGBs flagship podcast, 10 Items or Less, featuring insights from retailers and industry professionals. Sign up to receive texts from Winsight Grocery Business. Store formats and consumer tastes may change over time, but informed and engaged employees who truly care about their customers never go out of style. Also make sure you cultivate that. . Prior to Amazon, Omer was with PepsiCo for fifteen years. In March 2021, his role as president expanded to absorb all the duties of the CEO as that position was eliminated with the retirement of Robert Taylor. Karl also has served on Executive Board for the Junior Achievement of Northern California the Executive Board for the California Business Roundtable and a Board member on the Bay Area Council. 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. Michael T. Theilmann: EVP Chief HR Officer: 2023-04-24: . Vivek joined Albertsons Companies, Inc. in April 2019 and serves as the companys Chief Executive Officer. As I got older, I was able to look back with deep appreciation for how Larry took me under his wing, never doubted me for a second, and gave me so much trust and support. 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 Her career has spanned roles from store director to corporate grocery sales director, VP of bakery and operations andupon the sale of Albertsons Inc.s assets to SupervaluVP of customer satisfaction. Make them proud maybe you will run that thing one day. He then went on to become Vice President of Operations for the 188 store Intermountain West Division in Boise. He became District Manager in Metro Phoenix in 1990. VP & COO at Albertsons Companies. Locally, she was named a CEO of Influence in 2014 and was a Tribute to Women in Industry (Idaho) honoree. She was there first. 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. In this role, she leads the companys retail operations, overseeing more than 2,200 stores across 34 states and the District of Columbia, under 21 banners (Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market), as well as 20 manufacturing facilities and 23 distribution centers with 270,000-plus employees. Before joining Yum, Mike worked in Human Resources at Diageo and began his career as an actuary at Towers Perrin. Evans responsibilities span across Albertsons 20 manufacturing plants, 22 distribution centers, procurement for products sold in our stores, and the enterprise sourcing organization. A talented leader with profound commitment, Susan has worked her way up in the ranks proving her ability to lead, to execute and to bring teams together in one assignment after another. I loved helping customers; we also had a fun crew at the store. 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. VP & COO at Albertsons Companies. As a young teen, Susan buzzed around in the mountains of Colorado on a dirt bike--and also started on what would become her lifelong career with Albertsons. There is such power in the pride, passion and ownership of a really great store director! See if you qualify for a free subscription to our industry leading paper magazine. Podcast: Albertsons aims to be 'best local grocer,' COO Susan Morris says. Juliette also worked at the law firm Skadden Arps Slate Meagher & Flom and served as General Counsel and Corporate Secretary for NASDAQ-listed telecommunications company, e.spire Communications. Today, I try to be an active listener. (e) The Executive understands that nothing contained in this Agreement limits the Executive' s ability to file a charge or complaint with the Equal Employment Opportunity Commission, the National Labor Relations Board, the Securities and Exchange Commission or any other federal, state or local governmental agency or commission (each, a, (f)This Agreement does not limit the Executive's right to receive an award for information provided to any Government Agency. Albertsons is a $76.7 billion company employing over 290,000 employees. Rob joined Safeway in 1990 as a courtesy clerk and worked his way through several Store Management Positions throughout Safeway's British Columbia, Canada operations. Thereafter, payments shall resume in accordance with this Agreement. employment with the Company due to the Executive' s "Disability" (as defined below), the Executive or the Executive's beneficiaries (in the case of the Executive' s death), shall be entitled to receive (i) the Accrued Benefits and (ii) subject to Section 5.4, a lump sum payment in an amount equal twenty-five percent to (25%) of the Executive's then Base Salary. Susan has more than 38 years experience in the retail grocery industry and has held a variety of leadership roles across the company. If the Severance Benefits are not otherwise subject to Section 409A of the Code, they shall begin (or be paid, as applicable) on the first pay period after the Release becomes effective.
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