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Kroger Chairman and CEO resigns following investigation into personal conduct

Kroger CEO
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Associated Press - Kroger Chairman and CEO Rodney McMullen is stepping down after an internal investigation into his personal conduct.

The company said Monday that the investigation into McMullen’s personal conduct was unrelated to the business, but was found to be inconsistent with Kroger’s business ethics policy.

Board member Ronald Sargent will serve as chairman and interim CEO, effective immediately.

McMullen, 64, began his career with Kroger in 1978 as a part-time bagger and stock clerk. He has served as Kroger's CEO since 2014.

Kroger is the parent company of the popular Colorado chain King Soopers.

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