Friday September 20th, 2013 - 10:20AM
David Dillon will retire as CEO of The Kroger Co. on January 1, paving the way for Rodney McMullen, the company’s president and COO to assume that role. Dillon will continue to serve as chairman of the board through December 31.
As Kroger implements its strategic growth initiatives, the time is right for the transition of leadership,” Dillon said in a statement on the action. “I am delighted that the board has elected Rodney McMullen to succeed me. Rodney has played a leadership role in every major decision Kroger has made for the past 25 years, including the development and implementation of Kroger's Customer 1st approach as well as our current growth strategy. He is ready to be CEO. I have been honored to lead this great company for over 10 years and look forward to assisting Rodney and the board in the transition while continuing to serve as chairman."
Kroger will name McMullen's successor at a later date, the company noted.