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The Latest Breaking News from Rodney McMullen

51-Year-Old 90s Star Shows Off Her Toned Body In Bikini And Reveals Her Fitness Secrets To Fans

“Another one who thinks I look like 20 and not 51!!”

Bored Panda

Judge Orders Ex-Kroger CEO To Disclose Why He Quit After 'Personal Conduct' Probe In '90s Pop Star Jewel's $7 Million Festival Lawsuit

A Hamilton County judge has ordered former Kroger Co. (NYSE:KR) CEO Rodney McMullen to disclose reasons for his March resignation following a “personal conduct” investigation. The ruling stems from a 2023 contract breach lawsuit filed by 90s pop star Jewel and her business partners.

Benzinga

Kroger's CEO mysteriously resigned. An unrelated lawsuit involving Jewel could reveal why

As part of his departure, former Kroger CEO Rodney McMullen forfeited all of his unvested equity and bonuses—a total of $11 million.

Fortune

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Here’s how the singer Jewel and the Kroger grocery store chain got entangled in a legal battle over a wellness festival gone wrong

Because of the wellness festival spat, the former chief executive may soon be required to answer questions that would reveal why he was forced to suddenly step down at Kroger.

Fortune

Kroger CEO Rodney McMullen resigns

Board member Ronald Sargent will serve as Chairman of the Board of Directors and interim Chief Executive Officer

Salon

Kroger CEO resigns over ‘personal conduct’ after four decades at grocery chain

Kroger said the alleged misconduct had nothing to do with its financials and did not involve any other Kroger employees

The Independent UK

Kroger CEO resigns from $150 billion grocery chain over ‘certain personal conduct’, forfeiting 2024 bonus

Kroger’s board announced it had convened an independent investigation that ultimately led to McMullen’s departure.

Fortune

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Quick Facts About Rodney McMullen: Net Worth, Resignation, Family, Lawsuits and More

Rodney McMullen, former CEO of Kroger, resigned following an internal investigation, leaving behind a legacy of leadership, controversy over a failed merger, and a £5.9 billion stock buyback dispute.

International Business Times UK

Kroger Chairman and CEO resigns following investigation into personal conduct

Kroger Chairman and CEO Rodney McMullen is stepping down after an internal investigation into his personal conduct

The Independent UK

Warren Buffett's Portfolio Stock Kroger Pauses Buybacks For Albertsons Merger, Narrows FY24 Outlook

Kroger pauses share buybacks for the Albertsons merger, misses Q3 sales estimates, and narrows its FY24 EPS guidance.

Benzinga

Rashida Tlaib accuses supermarket brand of using facial recognition for surge pricing

Microsoft and Kroger have denied the use of facial recognition technology and the supermarket chain says it doesn’t engage in surge pricing

The Independent UK

Albertsons And Kroger CEOs Push For Merger Saying It'll Allow Them To Lower Prices And Better Compete Against Walmart, Costco And Amazon

Kroger and Albertsons seek to merge, arguing it will lower prices, but the FTC opposes the merger due to competition, job losses, and store closures.

International Business Times UK

The CEOs of Kroger and Albertsons are in court to defend plans for a huge supermarket merger

The chief executives of Kroger and Albertsons are set to testify in federal court about their companies' proposed merger

The Independent UK

"Unconstitutional": Kroger sues the FTC

"We stand prepared to defend this merger in the upcoming trial in federal court," Kroger CEO Rodney McMullen said

Salon

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news in one place.

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Salon

Grocery's biggest merger stuck in limbo

The merger of two of the country's biggest supermarkets now faces both state and federal legal hurdles

Barchart

Is Kroger Stock Underperforming the Dow?

Kroger has recently lagged the Dow Jones Industrial Average, but analysts are optimistic about the stock’s prospects.

Salon

"Devastating:" Kroger sells 400 stores

To prepare for their mega-merger with Albertsons, Kroger may have to sell an additional over 200 locations

The Guardian - US

‘We’re really worried’: US supermarket mega-merger raises mass layoff fears

Kroger and Albertsons seek deal through Federal Trade Commission but employees say previous merger experience has them deeply concerned

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Salon

Kroger employees still aren't being paid

Since Labor Day, Kroger has blamed a "glitch" in its new payroll system for incomplete and late paychecks

Chicago Sun-Times

Put Kroger and Albertsons merger plan under a Senate microscope

Given the escalating price of groceries and the amount of food insecurity locally and nationally, a Senate subcommittee should move ahead quickly with hearings on the merger plan.

Los Angeles Times

Michael Hiltzik: Think food inflation is bad now? Wait till Kroger and Albertsons merge

The gargantuan proposed $24.6-billion merger of supermarket behemoths Kroger and Albertsons is being touted by the merger partners as a boon to consumers.

Tribune News Service

By the numbers: The Kroger-Albertsons merger

Kroger announced plans to acquire Albertsons Companies Friday in a $24.6 billion deal that could reshape the grocery market across the country, where the two chains are among the biggest grocers.

Tribune News Service

Kroger, Albertsons forge $24.6 billion grocery giant combination

Kroger Co. agreed to buy Albertsons Cos. in a deal with an enterprise value of $24.6 billion that would create a U.S. grocery giant with almost 5,000 stores and annual revenue of about $200 billion.

Benzinga

Kroger Boosts Dividend By 24%

Kroger Co (NYSE:KR) Board of Directors approved a dividend increase of 24% from $0.84 to $1.04 per year. The next quarterly dividend of $0.26 per share will be paid on September 1, 2022, to shareholders of record as of the close of business on August 15, 2022. Related: Kroger Q1 Earnings Top Estimates; Raises…

Benzinga

Carl Icahn Calls Out Kroger For Ignoring 'Human And Animal Suffering'

Longtime activist investor Carl Icahn has warned of the looming fallout of corporate America on the back of poor management.

People

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