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• Lowe's Companies announced that it has hired Juliette Pryor, for the past three years executive vice president, general counsel and corporate secretary for Albertsons, as its new executive vice president, chief legal officer and corporate secretary.
The move creates executive movement at Albertsons as its proposed merger with Kroger "faces regulatory review and at least one court challenge," Bloomberg reports. "A federal lawsuit filed in February claims that combining the top two US supermarket chains could create a 'behemoth,' that could easily raise prices and eliminate competition in some markets."
According to the story, "Jon-Peter Kelly, the company’s senior vice president of litigation, will report to Albertsons CEO Vivek Sankaran and oversee legal matters related to the proposed merger, a company spokesperson said. Elena Dietrich, senior vice president of field operations and employment law, will oversee day-to-day legal matters."