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Kroger CEO Rodney McMullen Resigns Following Ethics Investigation

McMullen steps down after a probe into personal conduct unrelated to company operations or financial performance.

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Kroger CEO Rodney McMullen resigned from his role at the company over undisclosed "personal conduct."
Rodney McMullen, chief executive officer of Kroger, has resigned.
FILE - Kroger CEO William Rodney McMullen speaks during a Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights hearing on the proposed Kroger-Albertsons grocery store merger,, Tuesday, Nov. 29, 2022, at the Capitol in Washington. (AP Photo/Mariam Zuhaib, File)

Overview

  • Rodney McMullen, Kroger's CEO since 2014, resigned after an investigation found his personal conduct violated the company's ethics policy.
  • The investigation, initiated on February 21, was conducted by independent counsel and overseen by a special board committee.
  • The conduct in question did not involve Kroger employees or impact the company’s financial performance, operations, or reporting.
  • Ronald Sargent, a veteran Kroger board member and former Staples CEO, has been named interim CEO and chairman.
  • Kroger’s board has launched a search for a permanent CEO, while the company prepares to report its fourth-quarter earnings later this week.