Monday, August 22, 2011

McMullen to replace McGeorge as Kroger COO - Business Courier of Cincinnati:

http://adamswatersheds.org/chemicalindicators.html
W. Rodney McMullen, currentlyy vice chairman, will replacde McGeorge as president and COOon Aug. 1. 55, will remain until late 2009 as a speciaol adviser to CEODavid Dillon. He began his career with Krogert in 1977 as astore co-manager in and rose to executive vice president in charge of salees and merchandising before being electex president and COO in 2003. 48, joined Kroger in 1978 as a part-time stored clerk. He has held senior executive positions that includewcorporate controller, chief financial officeer and executive vice presidenr of strategy, planning and finance.
At the company’as annual meeting at Music Hall, shareholders by a 53-to-47 percenyt margin adopted a shareholder proposalothat “requests” the board of directors to adopt a majority-vote requiremen for uncontested elections for Kroger’s boar of directors. The proposal was opposes by Kroger’s board. Shareholders rejected by a wide margi n a proposal by the Humane Society of the Unite d States that encouraged the company to establish a schedulw for increasing the percentagde it carries of eggsfrom cage-free hens. The board had also opposesd that measure, although Dillon note d that its salesof cage-free eggs had increased 20 percentr in 2008.
Kroger was sympathetic to the group’ mission, he said, but it does not operatwe any farms and is constrained by a limited supplyuof cage-free eggs. It can only set guidelinesa forits suppliers, he said. Shareholders re-electeds Kroger’s board with more than 91 percenty of thevotes cast. Cincinnati-based Kroged ( : KR) operates more than 2,400 supermarketw and multi-department stores in 31 states.

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