Union calls on Kroger board to fire CEO Rodney McMullen

Dec 16, 2024 · The union that covers Kroger's in-store workers is calling on the company's board to fire CEO Rodney McMullen following the failed merger with Albertsons. STORY HIGHLIGHTS The union representing ...

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

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Dec 13, 2024 · Kroger Chairman and CEO Rodney McMullen said that the grocery chain looks forward to “accelerating our flywheel to grow our alternative profit businesses and generate …

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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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Kroger Faces Union Backlash Over CEO And Stock Buyback Plans

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Kroger faces union opposition over a $7.5 billion stock buyback and calls for CEO Rodney McMullen's replacement after a failed merger with Albertsons. What does this mean? Kroger's …

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

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Dec 13, 2024 · Kroger announced a new repurchase program later on Wednesday and said it intends to enter an accelerated share buyback program of about $5 billion of common stock. …

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

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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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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. ... (Reuters) – United Food and Commercial Workers local unions on Friday urged Kroger’s …

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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 · 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 Union calls on Kroger board to fire CEO Rodney McMullen 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. ...

What is Kroger's stock buyback?

The stock buyback was approved by Kroger's board and is being funded using part of the Albertsons' $24.6 billion purchase price. The buyback will boost the stock price, with fewer shares outstanding making each of the remaining shares represent a slightly larger stake in the company, making them worth more. ...

Does Kroger have a balanced capital allocation policy?

A Kroger spokesperson said in a statement that the UFCW call mischaracterized Kroger's actions and intent: Kroger has long pursued a balanced capital allocation policy that has invested in growth initiatives as well as ongoing investments in lower prices and higher associate wages. ...