Albertsons grants $9M in retention awards to three top executives tied to Kroger deal

Albertsons Companies, Inc.

Sharon McCollam (CFO) and Susan Morris (COO) each granted $4M retention awards; Anuj Dhanda (CIO) gets $1M.
Awards payable in two cash installments: first on merger close, second six months later subject to continued employment.
If merger is terminated, first installment due later of termination date or Oct 13, 2024; second later of termination or Oct 13, 2025.
Retention agreements include 12-month post-employment non-compete, non-solicit, and non-disparagement covenants.

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