A filing with the Securities and Exchange Commission quantified the cash benefits accruing to senior officers of Albertsons in the event that the proposed acquisition by Kroger Company takes place.  The CEO, Vivek Sankaran could benefit by $43 million, the Executive VP and COO, Susan Morris, could receive $30 million and the president and CFO, Sharon McCollam, would be eligible for $22 million.

Kroger claims that the “merger” or alternatively an acquisition is progressing, but the SEC has yet to rule on the conditions under which the transaction might receive approval.  The proposed combination of the two largest U.S. pure-play grocery retailers is opposed by two unions, consumer groups and by the Attorneys General of a number of western states.