· 21h · on MSN
Outgoing Kroger CEO Rodney McMullen lost $11 million in bonus and stock payments when he resigned from the grocery chain
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.
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How Kroger CEO Rodney McMullen’s Departure Impacts The Grocery Industry
The Cincinnati company's results come just days after the abrupt resignation of long-time Chief Executive Officer and Chairman Rodney McMullen over personal conduct. They're also the first since a federal judge blocked a $20 billion deal to takeover smaller rival Albertsons.
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