The Kroger Co. (NYSE:KR) announced this morning that CEO David Dillon is leaving the company. Dillon, who has served as the head of the company for the last ten years, will be succeeded by the company’s chairman and Chief Operating Officer W. Rodney McMullen. Dillon is 62 years old and has been with The Kroger Co. (NYSE:KR) for 37 years.
In response to the announcement shares in The Kroger Co. (NYSE:KR) traded up a fraction on today’s market. A note on the succession plan, released by Citigroup Inc (NYSE:C) analyst Deborah L. Weinswig, left the Buy rating on the...
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