Alexander KarpAlexander Karp earned $1B in 2024

In 2023, W. Rodney McMullen earned $2.99M in total compensation at Kroger, including $1.40M salary and $672.56K bonus. Most recently acquired 7,288 shares in May 2024. Currently holds stock worth $251.74M. Has led Kroger for over 11 years.

Compensation History

Annual executive compensation data for W. Rodney McMullen, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$2.99M

Salary

$1.40M

Bonus

$672.56K

Other

$921.37K

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 Compensation

$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

$0.000 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.

T

W. Rodney McMullen

CEO of Kroger

Education

Bachelor's degree in accounting from the University of Kentucky

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Defensive

Born

August 29, 1962 - 63 years ago

CEO of Kroger for

11 years 11 months (Jan 2014 - Present)

Previous Experience

Vice Chairman of Kroger

Holdings

Track W. Rodney McMullen's stock holdings and portfolio value over time.

Total Stock Sold

$7.62M

KR

$7.62M

308,703 KR shares

What if they kept their stock?

If W. Rodney McMullen didn't sell their stock, today they would have:
Extra KR308,703 shares worth $19.49M.
This is 155.83% and $11.87M more than what they got when they sold the stock.

Insider Trading

W. Rodney McMullen's recent stock transactions, purchases, and sales filed with the SEC.

VFC

7,288 shares

VFC

May 28, 2024

Received

KR

202,797 shares

KR

Mar 14, 2024

Received

VFC

5,014 shares

VFC

May 26, 2023

Received

KR

273,098 shares

KR

Mar 9, 2023

Received

VFC

$268.57K

VFC at $44.76/share

Aug 3, 2022

Purchase

VFC

$149.97K

VFC at $49.99/share

May 31, 2022

Purchase

VFC

$136.20K

VFC at $45.40/share

May 24, 2022

Purchase

VFC

1,986 shares

VFC

May 24, 2022

Received

KR

314,976 shares

KR

Mar 10, 2022

Received

VFC

$168.00K

VFC at $56.00/share

Mar 3, 2022

Purchase

Rivals

Compare W. Rodney McMullen with competitor CEOs and industry peers.