Vivek Sankaran is the CEO of Albertsons Companies, Inc., a role he took on in April 2019 after a successful career at PepsiCo, where he led Frito-Lay. He has a solid educational background with an MBA from the University of...

Vivek Sankaran is the CEO of Albertsons Companies, Inc., a role he took on in April 2019 after a successful career at PepsiCo, where he led Frito-Lay. He has a solid educational background with an MBA from the University of Michigan and a Master's in Manufacturing from Georgia Tech. With his extensive experience in strategy and operations, Vivek is focused on transforming Albertsons into more than just a grocery store. Under his leadership, the company has adapted to consumer demands by improving digital and delivery services, even achieving 258% growth in their digital sales during a challenging year like 2020. His compensation strategy is aligned with performance, meaning he earns significant bonuses based on the company's achievements, like a $2.5 million bonus for outstanding performance in 2020. Vivek's commitment to the company's growth is reflected in his stock vesting including a significant amount tied to performance metrics, ensuring he benefits as the company succeeds. He also set an example for executive pay, with a notable pay ratio of 272 to 1 compared to the median employee, sparking discussions about CEO compensation practices.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Albertsons Companies CEOs

A

Vivek Sankaran

CEO of Albertsons Companies

Education

MBA from the University of Michigan

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

CEO of Albertsons Companies for

5 years 11 months (Apr 2019 - Present)

Previous Experience

President and COO of PepsiCo Foods North America

Rivals

Competitors/colleagues of Vivek Sankaran

W

C. Douglas McMillon

CEO of Walmart

2023 Compensation

Stock

$0.00

Salary

$1.47M

Bonus

$0.00

Other

$199.58K

Total Holdings

$433.19M

C

W. Craig Jelinek

CEO of Costco Wholesale

2022 Compensation

Stock

$3.42M

Salary

$1.15M

Bonus

$362.50K

Other

$55.36K

Total Holdings

$318.26M

K

W. Rodney McMullen

CEO of Kroger

2023 Compensation

Stock

$0.00

Salary

$1.40M

Bonus

$672.56K

Other

$921.37K

Total Holdings

$253.52M

Holdings

See how much did Vivek Sankaran make over time.

As of 2022, Vivek Sankaran holds numerous equity awards from his time at Albertsons, prominently consisting of performance-based restricted stock units (PBRSUs) and time-based restricted stock units (TBRSUs). In total, he had 645,594 shares of such awards, translating to a...

As of 2022, Vivek Sankaran holds numerous equity awards from his time at Albertsons, prominently consisting of performance-based restricted stock units (PBRSUs) and time-based restricted stock units (TBRSUs). In total, he had 645,594 shares of such awards, translating to a market value over $18.8 million at year-end. His wealth has notably increased since his initial compensation plan, where his stake in the company substantially tied to annual performance targets showcases his commitment to driving the company's success. Notably, he vested 215,198 shares at a value of approximately $3.87 million just last year, reflecting both personal and corporate growth. His financial journey illustrates how the value of these holdings has swayed considerably, revealing a keen alignment with the company's performance metrics. Over the years, he has transitioned wealth from previous grants into a more performance-oriented structure that ties his holdings directly to the company’s success.

Mar 18, 2025

A

shares

ACI @ $22.02

P

shares

PEP @ $148.99

Total Stock Sold

$1.73M

PEP

$1.73M

15,000 PEP shares

What if they kept their stock?

If Vivek Sankaran didn't sell their stock, today they would have:
Extra PEP15,000 shares worth $1.97M.
This is 13.69% and $236.98K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Vivek Sankaran.

ACI

$368.58K

ACI at $14.74/share

Aug 14, 2020

Purchase

PEP

$1.52M

PEP at $117.28/share

Mar 7, 2019

Sale

PEP

28,798 shares

PEP

Mar 1, 2019

Received

PEP

22,600 shares

PEP

Mar 1, 2018

Received

PEP

$220.44K

PEP at $110.22/share

Mar 1, 2017

Sale

PEP

20,686 shares

PEP

Mar 1, 2017

Received

PEP

5,236 shares

PEP

May 4, 2016

Received

Compensation History

See how much did Vivek Sankaran make over time.

Vivek's compensation at Albertsons is structured to motivate and reward his performance. In 2022, his total compensation reached $4.2 million, including a base salary of $1.5 million. He earned a performance-based cash bonus of $2.5 million tied to specific company metrics, a common practice that ensures executives are rewarded for the growth of the company. He also benefited from over 108,000 vested stock units, with a value around $2.18 million, which ties his financial success to the long-term vision of Albertsons. The overall compensation philosophy aims to attract and retain top talent, reinforcing a strong connection between individual performance and company outcomes. This strategic approach grants him both short-term cash rewards and long-term equity, incentivizing a focus on sustainable company growth.

Year

2022

Total Compensation

$6.40M

Salary

$1.50M

Board Justification

The compensation philosophy is designed to attract, motivate, and retain high caliber talent while aligning executive compensation with company performance and stockholder interests.

Bonus

$2.52M

Board Justification

The annual cash bonus for fiscal 2022 was based on pre-established performance metrics, including Adjusted EBITDA and ID Sales, with a total payout of $2,518,359.

Other

$198.45K

Board Justification

Other compensation includes the use of corporate aircraft, life insurance, and contributions to the 401(k) plan.

Restricted Stock

$2.18M(108.63K PBRSUs)

Board Justification

The performance-based restricted stock units (PBRSUs) earned for fiscal 2022 performance were based on achieving specified performance goals, with a total of 108,632 shares vested in 2022.

Performance Metrics

Performance metrics for fiscal 2022 included Adjusted EBITDA and ID Sales, with specific targets set by the Compensation Committee.

Other Albertsons Companies CEOs

Here are other CEOs of Albertsons Companies

James Donald

Ex-CEO of Albertsons Companies

September 2018 - April 2019