Kroger's CEO Rodney McMullen has resigned as part of an internal investigation into his personal conduct, which was found to violate the company's ethics policy while not affecting business performance. Ronald Sargent, a long-standing board member with extensive experience at Kroger, will serve as interim CEO. The board initiated the investigation promptly after learning of the issue and has stated that McMullen's conduct did not involve any other Kroger associates. A search for a new CEO is now underway.
Kroger has announced the resignation of CEO Rodney McMullen following an internal investigation into his personal conduct, which was deemed inconsistent with company ethics.
Ronald Sargent, a long-serving board member, will take over as interim CEO and chairman, while Kroger initiates a search for McMullen's permanent successor.
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