Ex-CEO of Kroger Rodney McMullen forfeits $11.2M pay package after exiting over ‘personal conduct’
McMullen, 64, earned $15.7 million in 2023. The compensation included nearly $673,000 in performance-based incentive pay, according to SEC filings.
Rodney McMullen Steps Down as Kroger CEO Amid Personal Conduct Probe, Ron Sargent Steps In as Interim Leader
Kroger CEO Rodney McMullen resigns following an inquiry into his conduct deemed inconsistent with company standards.
Kroger’s CEO abruptly resigns after probe into personal conduct
Kroger CEO Rodney McMullen is resigning immediately from the grocery store chain following an investigation that found his personal conduct was “inconsistent” with the company’s ethics policies.
Kroger CEO Rodney McMullen resigns amid personal conduct probe, interim leader named
Mark Sutton named lead independent director immediately. Kroger CEO Rodney McMullen has resigned from the grocery giant following a board investigation of his personal conduct that was unrelated to the business but was inconsistent with the company’s policy on business ethics.
Kroger CEO's resignation comes at crucial time for grocery chain
Kroger board member Ron Sargent is taking the helm at the nation’s largest supermarket chain as questions about former CEO Rodney Mullen continue.
Kroger CEO resigns after probe into his personal conduct
Kroger CEO Rodney McMullen is resigning following a probe into his personal conduct, the grocery chain said Monday. McMullen, who was both the chairman and CEO, is out after a company board investigation found that his personal conduct,
Kroger interim CEO Ron Sargent steps in for Rodney McMullen
Kroger’s board of directors appointed Ronald “Ron” Sargent, 69, to serve as chairman of the board of directors and interim chief executive officer, effective immediately. In Sargent ...
Kroger CEO Rodney McMullen's mysterious resignation will cost him millions
Ex-Kroger CEO Rodney McMullen left over $11 million on the table when he left the grocer, according to the company's SEC filings.
Kroger Interim Chief to Staff: ‘Move Forward’ After CEO Exit
Kroger Co.’s interim leader urged employees to forge ahead following an abrupt exit of his predecessor, according to a ...
'Looking at both': Kroger will consider outside and internal candidates for next CEO
Kroger reported 2024 sales results that were lower than Wall Street forecasts on Thursday, but the grocer predicted sales ...
Kroger ousts longtime CEO after ethics probe uncovers ‘personal conduct’ issue
The company said it was made aware of “certain personal conduct” by McMullen on Feb. 21 and immediately obtained independent ...
Kroger Chairman and CEO Quits After Investigation into Personal Conduct, Says Company
Rodney McMullen, the CEO and chairman of major grocery store chain Kroger, has resigned after a board investigation into his ...
Kroger Q4 EPS Beats, Revenue Falls
The overall performance was solid, but the report raised concerns about profitability. It comes just two days after CEO ...
Kroger, Albertsons CEOs both leaving their roles after failed $25B acquisition
The CEOs of both Kroger Co. and Albertsons Companies Inc., the two grocery giants that were involved in a failed mega-acquisition attempt, are both leaving their respective companies.
Kroger gives upbeat outlook while questions swirl around CEO
Kroger is seeking a new path forward after the company said its long-tenured chief executive officer, Rodney McMullen, ...
Kroger CEO says ‘operating from a position of strength’
Chairman and CEO Ron Sargent said, “I am excited to join this talented and experienced management team in my role as interim CEO. I am ...