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Stock impact report

Kroger interim CEO Ron Sargent to receive $4.4 million via SEC filing [Yahoo! Finance]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
Company Research Source: Yahoo! Finance
giant looks for permanent CEO , according to a filing with the U.S. Securities and Exchange Commission. Sargent's stock grant of nearly 61,000 restricted shares will vest in one year, according to the filing . The filing suggests Sargent could make more than $8 million in a year, but the company is conducting a national search for his replacement, which Sargent said would include both internal and external candidates . The company hasn't provided a timeline for finding a new leader yet. Autonomous technology: Kroger's new test robot, 'Barney', checks prices, shelves for missing items Sargent, 69, a board member and former CEO of office retail giant Staples , was tapped to lead the Cincinnati-based grocer after former CEO Rodney McMullen resigned following an internal ethics investigation that found his conduct " was inconsistent with Kroger's policy on business ethics Kroger has offered few details on McMullen's abrupt exit. The grocer disclosed what McMullen didn't do: The co Show less Read more
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