HellsBelle@sh.itjust.works to

News@lemmy.worldEnglish · 23 hours ago

Kroger Chairman and CEO resigns following investigation into personal conduct

1

Kroger Chairman and CEO resigns following investigation into personal conduct

HellsBelle@sh.itjust.works to

News@lemmy.worldEnglish · 23 hours ago

Rodney McMullen, Kroger chairman and CEO, is stepping down after an internal investigation into his personal conduct.

Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct.

Kroger, the nation’s largest grocery chain, said Monday that the investigation into McMullen’s personal conduct was unrelated to the business, but was found to be inconsistent with its business ethics policy.

Board member Ronald Sargent will serve as chairman and interim CEO, effective immediately.

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13 hours ago
I have nothing to base this on, but I wonder if it is insider trading on the attempted Albertsons merger. Did he have stock that he dumped before the news broke at some specific time?

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