Kroger: Announces President and COO Succession Plan

Cincinnati / OH. (tkc) The Kroger Company announced that Michael L. Ellis will be named President and Chief Operating Officer, effective January 01, 2014, completing the succession plan announced in September. The company expects its Board of Directors to elect Ellis President and COO at the next board meeting in December.

In September, Kroger announced its Board of Directors´ long-term CEO succession plan. David B. Dillon, 62, Kroger´s Chairman and CEO, will retire as CEO on January 01, 2014 and will continue to serve as Chairman through December 31, 2014. W. Rodney McMullen, 53, Kroger´s President and Chief Operating Officer, will become CEO on January 01, 2014.

Ellis, 55, has been serving in his current role as Senior Vice President of Retail Divisions since 2012, where he leads five retail supermarket divisions, plus Kroger´s jewelry and convenience store businesses. He previously served as President of Portland-based Fred Meyer – the company´s largest operating division by revenue – for six years.

Ellis is a 38-year Kroger veteran. He joined Fred Meyer in 1975 as a parcel clerk at age 16 and went on to serve in a series of operations and merchandising leadership positions in stores, division management and as a corporate officer. He was Vice President of Fred Meyer´s food group before joining The Kroger Co. as a senior officer in 2004. He returned to lead Fred Meyer as President in 2006, where he significantly improved and sustained associate engagement. Ellis played an influential role in the growth of the company´s successful Marketplace store format, which offers a wide assortment of general merchandise including home goods, toys and apparel in addition to full-service grocery and pharmacy departments.

Kroger, one of the world´s largest retailers, employs 343’000 associates who serve customers in 2’418 supermarkets and multi-department stores in 31 states under two dozen local banner names including Kroger, City Market, Dillons, Jay C, Food four Less, Fred Meyer, Fry´s, King Soopers, QFC, Ralphs and Smith´s. The company also operates 783 convenience stores, 326 fine jewelry stores, 1’195 supermarket fuel centers and 37 food processing plants in the U.S.