Kroger: Announces Succession Plan for CFO

Cincinnati / OH. (tkc) The Kroger Company announced its succession plan for Chief Financial Officer. J. Michael Schlotman, Kroger’s Chief Financial Officer since 2000, has decided to retire in December of 2019. Schlotman will continue as CFO through the end of Kroger’s fiscal 2018 and up to April 03, 2019. He will then remain an executive vice president of the company and continue to sit on the senior leadership team to support the company during this transition period until December 28, 2019. Gary Millerchip, CEO of Kroger Personal Finance, will succeed Schlotman as Senior Vice President and Chief Financial Officer of Kroger, effective April 04, 2019. «Consistent with Kroger’s governance history of thoughtful succession planning, Gary and Mike have a deliberate and thorough CFO transition plan with a singular focus – a seamless transition to successfully deliver on the Restock Kroger financial commitments and then beyond in the role of Kroger’s Chief Financial Officer,» said Rodney McMullen, Kroger’s chairman and CEO.