The conduct is not related to financial performance, operations, or reporting, and it did not involve any Kroger associates, the company said.
Rodney McMullen and Vivek Sankaran tried mightily to bring their companies together. Now they’re leaving behind retailers on sharply different paths.
The leadership changes come just a few months after a federal judge temporarily halted a proposed merger between Kroger and Albertsons.
The Cincinnati company's results come just days after the abrupt resignation of long-time Chief Executive Officer and Chairman Rodney McMullen over personal conduct. They're also the first since a federal judge blocked a $20 billion deal to takeover smaller rival Albertsons.
Kroger CEO Rodney McMullen resigned after a board investigation ... In December, McMullen's quest to take over Albertsons was blocked by two court orders and Albertsons pulled out of the deal.
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