This article originally appeared on Business Insider.
The Food chain Kroger replaces his CEO after an examination of his personal behavior, it says on Monday.
Said Kroger in A opinion That it learned concerning the behavior of Rodney McMullen, which “did not stand with Kroger’s politics on business ethics”.
“On February 21, Mr. McMullen’s board was made aware of certain personal behaviors and immediately maintained outside the independent lawyer to carry out an investigation that was supervised by a special committee,” said Kroger.
Kroger were no Kroger employees in McMullen’s behavior, said Kroger. It added that the behavior was not related to the corporate’s financial performance.
McMullen has resigned from the role of the CEO, said Kroger. He has been Krogers CEO since 2014 and the next 12 months chair of the corporate’s board.
The company appointed Ronald Sargent, a member of his board of directors, the previous CEO of Staples, as an interim CEO and CEO, while on the lookout for a everlasting substitute.
Mark Sutton will take over the leading independent director of the corporate, said Kroger.
Kroger is the most important Supermarket chain within the USA through sales. The company operates grocery stores under several names, including Harris Teaer and Fry’s.
The company is predicted to report its lead to the fourth quarter on Thursday.
