Sundar PichaiSundar Pichai earned $164M in 2023
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W. Rodney McMullen

CEO of Kroger

Education

Bachelor's degree in accounting from the University of Kentucky

Field of Expertise

Finance & Banking - Finance

Born

August 29, 1962 - 62 years ago

Economy Sector

Consumer Defensive

Current Tenure

11 years 1 month (Jan 2014 - Present)

Previous Experience

Vice Chairman of Kroger

W. Rodney McMullen has been the CEO of The Kroger Co. since 2014. He started his career at Kroger over 30 years ago and climbed the ranks quickly, showing strong expertise in finance and operations. McMullen earned a degree in...

Year

2023

Total Compensation

$2.99M

Salary

$1.40M

Board Justification

The compensation philosophy is to attract and retain top management talent while aligning compensation with performance metrics that drive long-term shareholder value.

Bonus

$672.56K

Board Justification

The annual cash incentive was calculated at 24.02% of the target amount of $2,800,000, based on performance metrics established by the Compensation Committee.

Other

$921.37K

Board Justification

Other compensation includes retirement plan contributions, payment of dividend equivalents on earned performance units, and dividends paid on unvested restricted stock.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on performance-based compensation and stock grants are not included in the total calculations.

Performance Metrics

Performance metrics for the annual incentive plan included identical sales growth and adjusted FIFO operating profit.