Showing posts with label Kroger. Show all posts
Showing posts with label Kroger. Show all posts

Sunday, August 23, 2015

Rodney McMullen: Kroger CEO

Rodney McMullen was born in Pineville, Kentucky. His parents didn’t have a stable and secure job. If the economy wasn’t doing well they would get laid off. Thus the life that Rodney experienced was one of moving from one location to another where factory work was available. 
He was an only child and his parents wanted him to have a better future and encouraged him to get a college education. Rodney’s parents were able to save up for one year’s college for him. He made it through the University of Kentucky by working at night as a stock boy at Kroger in Lexington, Kentucky. He first worked there in 1978. To get by Rodney picked up every extra shift he could. He worked every job in the store from the dairy to the deli. 
Rodney’s life is characterized by going the extra mile. He was not only a working student at UK but aside from his undergraduate degree he also got a master’s degree all in four years time. 
He was asked by the local vice president for operations if he wanted to work at Kroger towards the end of his studies. So instead of joining an accounting firm as was his plan, Rodney began working as an accounting supervisor in Kroger’s Charlotte, North Carolina, division office. This choice would turn out to be  a good one for him and Kroger as well. 
Rodney was good in the office able to increase work productivity when the personal computer was introduced. He was eventually moved to the Cincinnati head office. Rodney played a critical role in Kroger’s restructuring in 1988, when corporate raiders from Wall Street were attempting to take over the company in a leverage buyout. He also oversaw the integration of the $13 billion Fred Meyer acquisition in 1999 that turned Kroger into the largest supermarket chain in the US. Rodney was also moving up the corporate ladder becoming the executive vice president of strategy, planning, and finance in 2000.
In 2014 he finally got the top post of CEO at Kroger the $100 billion in sales corporation. 

Thursday, April 18, 2013

Still Coming Out As CEO

David Dillon was born on March 30, 1951 in Hutchinson, Kansas. He obtained a bachelor’s degree in Business at the University of Kansas and a law degree at Southern Methodist University. 

David came from an entrepreneurial family.  His great-grandfather, a pastor, opened a self-service grocery store in Sterling, Kansas. The next generations took over running and expanding the family business. The father of David, Paul with two cousins, steered the company in the next generation when Dillon Stores was transformed into a public company.
As for David he joined Dillon Company in 1976 and held a number of managerial positions starting with its King Soopers division in Denver. He also served various leadership roles with Fry’s Food Stores.  Kroger bought Dillon Company in 1982. David was appointed president of Dillon Companies in 1986.

The ownership change did not exactly slow down David’s career. He became executive vice president of Kroger in 1990. David was appointed president and chief operation officer in 1995. He became CEO of Kroger in 2003 and was elected Chairman of the Board of Directors in 2004.
Kroger which is based in Cincinnati, Ohio has more than 3,600 supermarkets, convenience and jewelry stores operating under two dozen names. It also operates 40 U.S. food processing plants and employs 338,000 people.

The family business may have been bought out but David continued to rise to eventually head the buying entity.