Kroger’s Chairman and Chief Executive Officer Rodney McMullen has resigned from the company following a board investigation into personal conduct.The company announced McMullen’s resignation Monday morning.Kroger says McMullen’s conduct was “unrelated to the business,” but was deemed “inconsistent with Kroger’s Policy on Business Ethics.”Kroger says the Board was made aware of “certain personal conduct,” by McMullen on Feb. 21, 2025, and outside independent counsel was “immediately retained,” to conduct an investigation.McMullen’s conduct “is not related to the Company’s financial performance, operations or reporting, and it did not involve any Kroger associates,” the company said in a press release.A native of Pineville, Kentucky, McMullen has served as CEO since 2014 and was named Chairman in 2015.In a press release, Kroger says the board has appointed Lead Director Ronald “Ron” Sargent to serve as Chairman of the Board of Directors and interim Chief Executive Officer, effective immediately. “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,” said Sargent in a press release. “My decades here have given me a full appreciation of what makes Kroger unique, and I am excited to work even more closely with this talented team. I plan to be a steady, but active hand in the execution of our strategy.” This is a developing story and will be updated.
Kroger’s Chairman and Chief Executive Officer Rodney McMullen has resigned from the company following a board investigation into personal conduct.
The company announced McMullen’s resignation Monday morning.
Kroger says McMullen’s conduct was “unrelated to the business,” but was deemed “inconsistent with Kroger’s Policy on Business Ethics.”
Kroger says the Board was made aware of “certain personal conduct,” by McMullen on Feb. 21, 2025, and outside independent counsel was “immediately retained,” to conduct an investigation.
McMullen’s conduct “is not related to the Company’s financial performance, operations or reporting, and it did not involve any Kroger associates,” the company said in a press release.
A native of Pineville, Kentucky, McMullen has served as CEO since 2014 and was named Chairman in 2015.
In a press release, Kroger says the board has appointed Lead Director Ronald “Ron” Sargent to serve as Chairman of the Board of Directors and interim Chief Executive Officer, effective immediately.
“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,” said Sargent in a press release. “My decades here have given me a full appreciation of what makes Kroger unique, and I am excited to work even more closely with this talented team. I plan to be a steady, but active hand in the execution of our strategy.”
This is a developing story and will be updated.
