Board member Ronald Sargent will serve as chairman and interim CEO, effective immediately.
CINCINNATI - Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct.
“As interim CEO, I am committed to working alongside our proven and experienced management team and dedicated associates to ensure Kroger continues providing exceptional value for our customers,” Sargent said in a statement. “Kroger has been a special place throughout my retail career after spending summers in college working in stores, as well as my first ten years after business school at corporate headquarters, before more recently serving as lead independent director.
Kroger said its board was made aware of the situation on Feb. 21 and immediately hired an outside independent counsel to conduct an investigation, overseen by a special board committee.
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