Kroger CEO Rodney McMullen resigns following board’s investigation into his personal conduct

Rodney McMulin, Chairman and CEO of Kroger, resigned after the grocery chain council led an internal investigation into his “personal behavior”, NPR mentioned.

“Kroger Co. (NYSE: KR) announced today that the Chairman and Executive Director Rodney McMoulein had resigned from the company after an investigation into the board of directors for his personal behavior, although he had nothing to do with business, was not compatible with the Kruger Policy on Work Ethics,” Kruger, “Kruger”. Announced Monday. The company added that the board of directors “was aware of a specific personal behavior” by McMullen on February 21 and “keeping immediately outside an independent advisor to conduct an investigation.” McMullen’s behavior “is not associated with the company’s financial performance, operations, or reports preparation, and no Kroger colleagues included.”

Board Member Ronald Sargent will work as chairman and temporary CEO, immediately. The council also announced that Mark Soton will work as an independent director of Krager, immediately.

McMullen began working in Kroger in 1978 as part -time writer in Lexington, Kentucky, according to the company’s official website. Specifically, McMullen’s work at the Eastland Shopping Center Kroger while joining the University of Kentucky. He eventually became the financial manager in 1995 and CEO of Operations in 2009.