Kroger paid former CEO Rodney McMullen more than $15M in 2024, median worker got $34K

From Yahoo Finance: 2025-06-02 14:02:00

Kroger paid former CEO Rodney McMullen $15.4 million in 2024 before his abrupt resignation, a slight decrease from the previous year’s pay. The company disclosed McMullen’s departure amid an ethics investigation. Interim CEO Ron Sargent, a former Staples CEO, took over following McMullen’s exit. Kroger plans to conduct a national search for a permanent CEO. The typical Kroger worker’s pay rose 9% to $34,213 in 2024. Kroger’s profit was $2.7 billion on $147.1 billion of sales. The company operates regional supermarket chains in 35 states and employs 409,000 workers. Former CFOs Gary Millerchip and Todd Foley also left the company.



Read more at Yahoo Finance: Kroger paid former CEO Rodney McMullen more than $15M in 2024, median worker got $34K