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...

Current Market Cap

$40.93B

Number of Employees

414K

Total Compensation

2018 - 2023

Trending down by -76.25% last year
Showing total compensation for the last 2018 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.83% last year

Bonus

Down by -93.51% last year

Other

Up by 8.71% last year

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.

SEC Filing

From May 15, 2024