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Kroger, Albertsons CEOs both leaving their roles after failed $25B acquisition
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.
Kroger and Albertsons, Colorado’s largest grocery chains, are both replacing their CEOs
Kroger board member Ron Sargent is taking the helm at the nation’s largest supermarket chain as questions about former CEO Rodney Mullen continue.
Albertsons said Sankaran and Morris will work together until then to make the transition as smooth as possible. “At a time of profound change for the grocery industry, I am hono
Rodney McMullen, Kroger chairman and CEO, is stepping down after an internal investigation into his personal conduct.
Rodney McMullen’s abrupt exit caps a tumultuous period for the supermarket chain. The company’s next leader will need to build on its strengths and untangle some stubborn knots.
In December, federal and state courts blocked the attempted merger between two of Colorado’s grocery store giants: Albertsons (Safeway) and Kroger (King Soopers, City Market). The merger was challenged by the Federal Trade Commission
Kroger 's longtime leader Rodney McMullen abruptly resigned March 2 following a personal conduct probe initiated in February, ending a nearly 50-year career with the Cincinnati-based grocery giant. Here's what we know – and don't – about his career with the nation's largest traditional supermarket chain, and it's sudden end.
The grocery chain said it had investigated its chief executive, Rodney McMullen, and found that his actions were “inconsistent” with its business ethics policy.
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