Albertsons CEO to step down after Kroger merger fails. What he says about grocer’s future
The announcement Monday came the same day that Kroger’s CEO, Rodney McMullen, resigned after an investigation by the Cincinnati grocery company’s board into his “personal conduct.” That undisclosed conduct, “while unrelated to the business, was inconsistent with Kroger’s Policy on Business Ethics,” Kroger said in a news release.
Rodney McMullen, Kroger chairman and CEO, is stepping down after an internal investigation into his personal conduct.
Albertsons said on Monday its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role, as the ...
In December, federal and state courts blocked the attempted merger between two of Colorado’s grocery store giants: Albertsons ...
Rodney McMullen’s abrupt exit caps a tumultuous period for the supermarket chain. The company’s next leader will need to ...
Despite inflation, shoppers aren’t cutting back that much on purchases, the analyst said, a positive in Kroger’s favor.
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