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CEO Rodney McMullen, the next day of the company, resigned after the investigation after the investigation.
Kroger said that McMullen’s behavior was “work”, but still in the statement “not in accordance with Kroger’s policy of work ethics.” Removal of McMullen comes in a few months after Kroger’s end $ 25 billion compound with Albertsons under the guidance. Albertsons claimed to sue Kroger, claiming that he violated the contract.
“On February 21, Mr. McMullen was warned of a certain personal behavior, and immediately detained outside the Independent Consultant to investigate the Special Board Committee.
Ronald Sargent was now appointed chairman of the Board of McMullen’s place and Interior CEO.
Kroger-Albertsons Testing the Unification Presidents
Rodney McMullen, Kroger Co., in New York, the CEO of the United States during the Bloomberg television interview. (Through JEEAH MOON / Bloomberg Getty Images / Getty Images)
“As CEO, Kroger proved to provide exclusive values for our customers to provide exclusive value and I am committed to working next to our experienced management teams and loyalty groups,” he said.
Kroger-Albertsons Combination: Is it good or bad for buyers?
“Kroger is pleased to work with this talented team before I work in the college in the college working in stores and KROGER.
Kroger CEO Rodney McMullen resigned from the post of Monday. (Photographer: Shelby Tauber / Bloomberg Getty Imager / Getty Images)
Sargent became Kroger Director since 2006 and served as the leading director of Kroger since 2017. He served in the first 10-year professional career in Kroger, which operates in several roles within shops, sales, marketing, production and strategy. Sargent says Kroger, as a veteran retailer and leader, including 35 years of experience, including Staples, chairman and executive director.
Split image of Kroger and Albertsons stores. Last year, the compound agreement between the two companies failed. (Kroger: Charles Bertram / Lexington Herald-Leader / Tribune news service via Getty Imags | Albertsons: Shelby Tauber / Getty Imager / Bloomberg via Getty Images)
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Kroger-Albertsons Deal would be the biggest combination in the history of the grocery industry.
Reuters contributed to this report.
