The Kroger Co. announced that Rodney McMullen, the company’s vice chairman, has been named president of the company, succeeding Don McGeorge, who is retiring.
The election took place at Kroger’s annual meeting yesterday.
McMullen began working at Kroger in 1978 as a part-time clerk; he became vice chairman in 2003.
McGeorge reportedly will remain at Kroger through the end of the year as special advisor to the CEO, and also will remain on the board of directors.
The election took place at Kroger’s annual meeting yesterday.
McMullen began working at Kroger in 1978 as a part-time clerk; he became vice chairman in 2003.
McGeorge reportedly will remain at Kroger through the end of the year as special advisor to the CEO, and also will remain on the board of directors.
- KC's View:
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It is interesting that three of the nation’s top four food retailers – Walmart, Supervalu and now Kroger – have had major changes at the top in the last year. (At Walmart, CEO Lee Scott was succeeded by Mike Duke; at Supervalu, Jeff Noddle is being succeeded by Craig Herkert.)
It’s also interesting that at Kroger and Walmart, the changes took advantage of personnel already in-house; at Supervalu, they shopped at Walmart to find Herkert.
What this means, at the very least, is that Supervalu is a company in transition to a far greater extent than either Kroger or Walmart, which seem to be companies at which existing strategies are working.
