Albertsons Companies, Inc. is one of the largest food and drug retailers in the United States, serving millions of customers across the country. With over 2,200 stores in 35 states, Albertsons plays a major role in the grocery retail industry. At the helm of this massive organization is Susan Morris, the Chief Executive Officer (CEO). In this blog, we’ll dive into Susan Morris’s career journey, her net worth, and detailed insights into her compensation package.
Whether you’re curious about corporate leadership or want to understand the financial rewards of leading a Fortune 500 company, this article provides all the information you need about Albertsons’ CEO.
Susan Morris: A Leader with Four Decades of Experience
Susan Morris is the Chief Executive Officer of Albertsons Companies, Inc., a role she assumed in May 2025 following the planned retirement of Vivek Sankaran. Her journey to the top of Albertsons is nothing short of inspiring.
Career Journey
Susan began her career at the customer service desk of an Albertsons store in Denver over 40 years ago. From humble beginnings, she worked her way up through various leadership roles, gaining deep knowledge of the grocery retail business.
Her experience includes:
- Executive Vice President and Chief Operations Officer (2018–2025): Oversaw retail operations of over 2,200 stores across 35 states.
- Executive Vice President of Regional Operations: Managed operations in specific regions, driving growth and efficiency.
- Division President: Led Albertsons in two major markets, ensuring operational excellence and customer satisfaction.
- Merchandising and Operations Leadership: Held various roles that shaped her expertise in delivering exceptional customer experiences.
Susan’s leadership style is rooted in investing in the personal and professional growth of Albertsons associates, fostering high-performing teams, and maintaining a customer-first approach.
Susan Morris’s Role as CEO
As CEO, Susan Morris is responsible for driving Albertsons’ growth and innovation. She focuses on key areas such as:
- Digital Engagement: Enhancing e-commerce capabilities and loyalty programs to improve customer experiences.
- Pharmacy and Health Services: Expanding offerings in health-related services to meet evolving customer needs.
- In-Store Excellence: Ensuring Albertsons stores deliver superior service and quality products.
- Albertsons Media Collective: Connecting retail brands with shoppers by celebrating the joys of food.
Susan’s leadership reflects her commitment to Albertsons’ purpose: “To bring people together around the joys of food and to inspire well-being.”
Susan Morris’s Compensation Breakdown
One of the most intriguing aspects of corporate leadership is executive compensation. Susan Morris’s earnings as CEO of Albertsons reflect her responsibilities and the company’s performance.
1. Annual Base Salary
Susan Morris earns a base salary of $1,400,000 annually. This fixed amount forms the foundation of her compensation package.
2. Performance Bonus
Her bonus is targeted at 185% of her base salary, which is tied to Albertsons’ financial performance and strategic goals. Bonuses reward her ability to drive revenue growth, operational efficiency, and customer loyalty.
3. Equity Awards
Equity awards make up a significant portion of Susan’s total compensation. These include stock options and other equity grants, aligning her earnings with the company’s long-term success.
4. Total Compensation
Susan’s total yearly compensation for 2025 is estimated at $8.28 million. Here’s a breakdown:
- 12.1% comes from her base salary.
- 87.9% comes from bonuses, stock options, and other equity grants.
5. Ownership Details
Susan Morris directly owns 0.16% of Albertsons Companies’ shares, valued at $16.91 million. Her ownership aligns her interests with those of shareholders, incentivizing her to focus on the company’s growth and profitability.
How Susan Morris’s Compensation Compares to Past Earnings
Before becoming CEO, Susan Morris served as Executive Vice President and Chief Operations Officer (COO). Her total compensation in 2023 was $6,469,260, which included:
- Base Salary: $1,977,214.
- Bonuses and Equity Awards: The remaining amount was tied to performance and stock options.
The increase in her compensation as CEO reflects her elevated responsibilities and the company’s trust in her leadership abilities.
Susan Morris’s Net Worth
Susan Morris’s net worth is estimated to be $25–35 million, based on her salary, bonuses, equity awards, and share ownership.
Factors Contributing to Her Wealth
- Salary and Bonuses: Her annual compensation as CEO is a significant contributor to her net worth.
- Equity Awards: Stock options and grants have added substantial value to her financial portfolio.
- Career Earnings: Her previous roles at Albertsons have also contributed to her wealth.
- Share Ownership: Her direct ownership of Albertsons shares adds another layer to her financial success.
Albertsons Financial Performance and CEO Pay
Albertsons’ financial results play a crucial role in determining Susan Morris’s compensation. As CEO, she is rewarded for driving growth, innovation, and operational efficiency.
Recent Financial Highlights
- Albertsons continues to demonstrate resilience in a competitive grocery retail market.
- The company has invested in digital engagement and e-commerce, which are key growth areas.
- Strong customer loyalty programs and health services have contributed to revenue growth.
Susan’s performance bonus and equity awards are tied to these metrics, ensuring her pay aligns with the company’s success.
Comparison with Other Grocery Retail CEOs
Susan Morris’s compensation is competitive within the grocery retail industry. Here’s how it compares to other leaders:
- Kroger CEO: Typically earns higher compensation due to Kroger’s larger market share.
- Walmart CEO: Walmart’s CEO compensation is significantly higher, reflecting its global scale.
While Susan Morris’s total compensation is substantial, it aligns with Albertsons’ size and performance within the industry.
Public Opinion on CEO Salaries
Executive compensation often sparks debate, especially in industries like grocery retail where employee wages are relatively low.
Supporters’ Perspective
- High pay is necessary to attract and retain top talent.
- Susan Morris’s earnings reflect her leadership role and the challenges of guiding Albertsons in a competitive market.
Critics’ Perspective
- Critics argue that CEO pay should be balanced with employee wages.
- The gap between executive and employee pay raises concerns about income inequality.
Historical CEO Compensation at Albertsons
Susan Morris’s earnings as CEO are consistent with Albertsons’ history of rewarding strong leadership. Her predecessor, Vivek Sankaran, earned similar compensation during his tenure.
The steady increase in CEO pay reflects the company’s growth and the evolving responsibilities of its leadership team.
Awards and Recognition
Susan Morris has earned recognition for her contributions to Albertsons and the grocery retail industry. She currently serves on:
- Boards of Directors: IDACORP, Inc. (NYSE: IDA) and the Food Marketing Institute.
- Albertsons Companies Foundation: Previously served as Chair, focusing on reducing food insecurity and uplifting communities.
Her leadership is widely respected, making her a role model for aspiring leaders in the corporate world.
FAQs
- Who is the CEO of Albertsons?
Susan Morris is the CEO of Albertsons Companies, Inc., a role she assumed in May 2025.
- What is Susan Morris’s annual salary?
Her base salary is $1,400,000, with total compensation of $8.28 million in 2025.
- How much is Susan Morris’s net worth?
Her net worth is estimated at $25–35 million, based on salary, bonuses, equity awards, and share ownership.
- How does Susan Morris’s pay compare to other grocery retail CEOs?
Her compensation is competitive but lower than CEOs of larger companies like Kroger and Walmart.
- What factors determine Susan Morris’s compensation?
Her pay is tied to Albertsons’ financial performance, customer satisfaction, and shareholder returns.
Conclusion
Susan Morris’s journey from a customer service desk to CEO of Albertsons Companies, Inc. is a testament to hard work, dedication, and visionary leadership. With total compensation of $8.28 million, her earnings reflect her role in driving Albertsons’ success in a competitive grocery retail market.