By Alexander Coolidge
Source: Cincinnati.com
In the wake of an Enquirer analysis of payments to departing Albertsons executives in the proposed Kroger takeover, union members have blasted the “outlandish payouts” as line workers fret over their job security.
In early July, The Enquirer reported Albertsons CEO Vivek Sankaran could get between $30 million and $43 million in severance and other pay, if the controversial $25 billion merger with the Boise, Idaho-based supermarket chain is approved. In addition, 10 other top Albertsons executives could collect more than $146 million, if the deal goes through and they quit or lose their jobs, according to disclosures to regulators.
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