{"id":10121,"date":"2025-03-03T14:02:46","date_gmt":"2025-03-03T14:02:46","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/kroger-ceo-resigns-after-probe-into-his-personal-conduct\/"},"modified":"2025-03-03T14:02:46","modified_gmt":"2025-03-03T14:02:46","slug":"kroger-ceo-resigns-after-probe-into-his-personal-conduct","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/kroger-ceo-resigns-after-probe-into-his-personal-conduct\/","title":{"rendered":"Kroger CEO resigns after probe into his personal conduct"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"article-0\">\n<section class=\"content__body\">\n<p>Kroger CEO Rodney McMullen is resigning following a probe into his personal conduct, the grocery chain\u00a0<a href=\"https:\/\/ir.kroger.com\/news\/news-details\/2025\/Kroger-Announces-Resignation-of-CEO-Rodney-McMullen\/default.aspx\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> Monday.<\/p>\n<p>McMullen, who was both the chairman and CEO, is out after a company board investigation found that his personal conduct, &#8220;was inconsistent with Kroger&#8217;s Policy on Business Ethics,&#8221; the company said. His behavior was unrelated to business, Kroger noted in the statement announcing his resignation.\u00a0<\/p>\n<p>Ron Sargent, Kroger&#8217;s lead director, will serve as the interim chairman of the board of directors and CEO, effective immediately, the company said.\u00a0<\/p>\n<p>McMullen&#8217;s resignation stems from an investigation conducted by an independent counsel into certain behavior that the company&#8217;s board became aware of on Feb. 21.\u00a0<\/p>\n<p>&#8220;Mr. McMullen&#8217;s conduct is not related to the Company&#8217;s financial performance, operations or reporting, and it did not involve any Kroger associates,&#8221; Kroger said Monday.\u00a0<\/p>\n<p>Kroger&#8217;s board has formed a search committee to seek McMullen&#8217;s replacement.\u00a0<\/p>\n<p>&#8220;As interim CEO, I am committed to working alongside our proven and experienced management team and dedicated associates to ensure Kroger continues providing exceptional value for our customers,&#8221; Sargent, the interim CEO, said in a statement. &#8220;Kroger has been a special place throughout my retail career after spending summers in college working in stores, as well as my first 10 years after business school at corporate headquarters, before more recently serving as lead independent director. My decades here have given me a full appreciation of what makes Kroger unique, and I am excited to work even more closely with this talented team. I plan to be a steady, but active hand in the execution of our strategy.&#8221;<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \"\/><!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/megan-cerullo\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Megan Cerullo<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24\/7 to discuss her reporting.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/kroger-ceo-resigns-after-probe-into-personal-conduct\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kroger CEO Rodney McMullen is resigning following a probe into his personal conduct, the grocery chain\u00a0said Monday. McMullen, who was<\/p>\n","protected":false},"author":1,"featured_media":10122,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-10121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kroger CEO resigns after probe into his personal conduct - World News<\/title>\n<meta name=\"description\" content=\"Rodney McMullen&amp;#039;s conduct was not related to business, but nevertheless violated Kroger&amp;#039;s ethics policy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/kroger-ceo-resigns-after-probe-into-his-personal-conduct\/\" \/>\n<meta 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