In 2022, Vivek Sankaran earned $6.40M in total compensation at Albertsons Companies, including $1.50M salary, $2.52M bonus and $2.18M in stock. Most recently acquired 25,000 shares in Aug 2020. Currently holds stock worth $49.18M. 6+ years at the helm of Albertsons Companies.
Compensation History
Annual executive compensation data for Vivek Sankaran, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$6.40M
Salary
$1.50M
Bonus
$2.52M
Other
$198.45K
Salary
$1.50MBoard 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
$2.52MBoard 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 Compensation
$198.45KBoard Justification
Other compensation includes the use of corporate aircraft, life insurance, and contributions to the 401(k) plan.
Restricted Stock
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.
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
6 years 7 months (Apr 2019 - Present)
Previous Experience
President and COO of PepsiCo Foods North America
Other Albertsons Companies CEOs
Holdings
Track Vivek Sankaran's stock holdings and portfolio value over time.
Total Stock Sold
$1.73M
$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 $2.18M.
This is 25.71% and $444.88K more than what they got when they sold the stock.
Insider Trading
Vivek Sankaran's recent stock transactions, purchases, and sales filed with the SEC.
$368.58K
ACI at $14.74/share
Aug 14, 2020
Purchase
$1.52M
PEP at $117.28/share
Mar 7, 2019
Sale
28,798 shares
PEP
Mar 1, 2019
Received
22,600 shares
PEP
Mar 1, 2018
Received
$220.44K
PEP at $110.22/share
Mar 1, 2017
Sale
20,686 shares
PEP
Mar 1, 2017
Received
5,236 shares
PEP
May 4, 2016
Received
Rivals
Compare Vivek Sankaran with competitor CEOs and industry peers.
C. Douglas McMillon
CEO of Walmart
2024 Compensation
Stock
$46.41M
Salary
$1.51M
Bonus
$0.00
Other
$381.90K
Total Holdings
$39.29M
W. Craig Jelinek
CEO of Costco Wholesale
2024 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$9.55M
W. Rodney McMullen
CEO of Kroger
2023 Compensation
Stock
$0.00
Salary
$1.40M
Bonus
$672.56K
Other
$921.37K
Total Holdings
$614.29K