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Kroger Co. said Friday that David Dillon, Kroger’s CEO for a decade, will retire next year, January 1, 2014, but will stay on for another year as chairman.
President and COO Rodney McMullen, 53, will replace him as CEO. Dillon, 62, will remain chairman until December 31, 2014.
McMullen’s successor has not yet been named.
Kroger tore brands include Kroger, Value Brand, Big K, Wholesome@Home, Fresh Selections by Kroger, Home Sense, Comforts for Baby, Private Selection, and recently introduced Simple Truth.
Kroger banners include Kroger, Ralphs, Dillons, Smith's, King Soopers, Fry's, QFC, City Market, Owen's, Jay C, Pay Less, Baker's, Gerbes, Scott's Food & Pharmacy, Fred Meyer, Dillons Marketplace, Fry's Marketplace, King Soopers Marketplace, Kroger Marketplace, Smith's Marketplace, Food 4 Less, and Foods Co.
Earlier this summer Kroger agreed to buy Harris Teeter Supermarkets Inc. in a deal valued at $2.5 billion.