Local unions group seeks ouster of Kroger CEO after $7.5 bln …

Dec 13, 2024 · Some United Food and Commercial Workers (UFCW) local unions on Friday urged Kroger's board to replace CEO Rodney McMullen following the company's announcement of a $7.5 billion stock buyback plan ...

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Local Unions Group Seeks Ouster Of Kroger CEO After $7.5 Bln …

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Local Unions Group Seeks Ouster Of Kroger CEO After $7.5 Billion ...

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Dec 13, 2024 · (Reuters) -Some United Food and Commercial Workers (UFCW) local unions on Friday urged Kroger's board to replace CEO Rodney McMullen following the company's …

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Local Unions Group Seeks Ouster Of Kroger CEO After $7.5 Billion ...

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The UFCW local unions that led the “Stop the Merger coalition” argued that the “abrupt” and “massive” share repurchase program comes at a time when Kroger needs investments in …

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Local Unions Call On Kroger's Board To Replace CEO After $7.5 …

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Dec 13, 2024 · (Reuters) - United Food and Commercial Workers local unions on Friday urged Kroger's board to replace CEO Rodney McMullen following the company's announcement of a …

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Local Unions Group Seeks Ouster Of Kroger CEO After $7.5 Billion ...

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Dec 14, 2024 · Source: Reuters Some United Food and Commercial Workers (UFCW) local unions on Friday urged Kroger's board to replace CEO Rodney McMullen following the …

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Union Coalition Calls For Kroger CEO’s Removal Amid Buyback

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A faction of the US trades union United Food and Commercial Workers (UFCW) has called for the ousting of Kroger CEO Rodney McMullen in the wake of a controversial $7.5bn stock buyback …

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Union Opposes Kroger’s $7.5B Stock Buyback Plan, Calls For CEO’s …

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Dec 13, 2024 · The challenges for Kroger continued on Friday in the wake of its failed merger with Albertsons, with unions opposing a $7.5 billion stock buyback planned by the Cincinnati, Ohio …

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Local Unions Call On Kroger's Board To Replace CEO After $7.5 …

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Dec 13, 2024 · (Reuters) - United Food and Commercial Workers local unions on Friday urged Kroger's board to replace CEO Rodney McMullen following the company's announcement of a …

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Local Unions Group Seeks Ouster Of Kroger CEO After $7.5 Billion ...

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Local unions group seeks ouster of Kroger CEO after $7.5 billion buyback plan. ... December 13, 2024 (Reuters) -Some United Food and Commercial Workers (UFCW) local unions on Friday …

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Local Unions Group Seeks Ouster Of Kroger CEO After $7.5 Bln …

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Dec 13, 2024 · Some United Food and Commercial Workers (UFCW) local unions on Friday urged Kroger's KR board to replace CEO Rodney McMullen following the company's …

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UFCW Calls For Kroger CEO's Resignation | VT News

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Kroger faces backlash from United Food and Commercial Workers (UFCW) unions following its announcement of a $7.5 billion stock buyback plan, coinciding with the termination of its $25 …

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Local Unions Call On Kroger’s Board To Replace CEO After $7.5 …

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Dec 13, 2024 · (Reuters) - United Food and Commercial Workers local unions on Friday urged Kroger's board to replace CEO Rodney McMullen following the company's announcement of a …

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Local Unions Call On Kroger's Board To Replace CEO After $7.5 …

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Dec 13, 2024 · United Food and Commercial Workers local unions on Friday urged Kroger's KR board to replace CEO Rodney McMullen following the company's announcement of a $7.5 …

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Local Unions Call On Kroger’s Board To Replace CEO After $7.5 …

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Dec 13, 2024 · (Reuters) – United Food and Commercial Workers local unions on Friday urged Kroger’s board to replace CEO Rodney McMullen following the company’s announcement of a …

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Local Unions Call On Kroger's Board To Replace CEO After $7.5 …

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Dec 13, 2024 · Local unions call on Kroger's board to replace CEO after $7.5 billion buyback plan. United Food and Commercial Workers local unions on Friday urged Kroger's board to replace …

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FAQs about Local unions group seeks ouster of Kroger CEO after $7.5 bln … Coupon?

Should Kroger replace CEO Rodney McMullen?

Some United Food and Commercial Workers (UFCW) local unions on Friday urged Kroger's board to replace CEO Rodney McMullen following the company's announcement of a $7.5 billion stock buyback plan after terminating a deal to buy Albertsons . ...

Why are Kroger workers calling for McMullen's $7.5 billion buyback plan?

Kroger's failed merger with Albertsons prompted the union's call. The union criticizes McMullen's $7.5 billion stock buyback plan. The union representing Kroger's grocery store workers is calling on the company's board of trustees to replace CEO Rodney McMullen. ...

Why did UFCW oppose Kroger and Albertsons merger?

The UFCW local unions that led the "Stop the Merger coalition" argued that the "abrupt" and "massive" share repurchase program comes at a time when Kroger needs investments in staffing, repairs and store remodels. Kroger and Albertsons terminated their $25-billion merger plan on Wednesday after a U.S. judge blocked the deal. ...

Does Kroger have a union?

The union represents employees at the Kroger-owned King Soopers and City Market stores in Colorado and Safeway, owned by Albertsons. Contracts with both companies expire early Jan. 5. The union is mischaracterizing Kroger’s actions and intent, the company said in a statement. ...

Will Kroger resume share repurchases after the merger agreement is terminated?

Since Kroger has terminated the merger agreement, the company is in a position to resume share repurchases which was paused since the merger agreement in 2022, the company spokesperson added. (Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Pooja Desai and Shailesh Kuber) ...

Does Kroger have a staffing problem in Colorado?

As in Colorado, staffing levels are expected to be at the top of employees’ concerns. John Marshall, capital strategies director of UFCW Local 3000 in the Northwest, said data collected by the union from the Occupational Safety and Health Administration shows that Kroger has reduced employees’ hours since 2019. ...