Kroger Co. Reports Director, Officer, and Compensation Changes

Ticker: KR · Form: 8-K · Filed: 2025-03-20T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-compensation, director-changes

Related Tickers: KR

TL;DR

Kroger's board and exec comp saw changes effective March 13th.

AI Summary

The Kroger Co. filed an 8-K on March 20, 2025, reporting changes effective March 13, 2025. These changes include the departure of directors, election of new directors, appointment of officers, and adjustments to compensatory arrangements for certain officers. The filing details these corporate governance and compensation updates.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing reports routine corporate governance and compensation changes, not material financial events.

Key Players & Entities

FAQ

What specific roles or positions were affected by the director and officer changes?

The filing indicates changes related to the departure of directors, election of directors, and appointment of certain officers, but does not specify the exact roles affected in this summary.

Were there any specific reasons cited for the departure of directors?

The filing notes the departure of directors but does not provide specific reasons for their departures in the provided text.

What is the nature of the changes in compensatory arrangements for officers?

The filing mentions changes to compensatory arrangements for certain officers, but the specific details of these arrangements are not elaborated in the provided summary.

When were these changes officially effective?

The changes reported in this 8-K filing were effective as of March 13, 2025.

Is this filing related to any merger or acquisition activity?

No, this filing pertains to changes in directors, officers, and compensatory arrangements, not merger or acquisition activity.

From the Filing

0001104659-25-026237.txt : 20250320 0001104659-25-026237.hdr.sgml : 20250320 20250320171411 ACCESSION NUMBER: 0001104659-25-026237 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250313 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250320 DATE AS OF CHANGE: 20250320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KROGER CO CENTRAL INDEX KEY: 0000056873 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 310345740 STATE OF INCORPORATION: OH FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00303 FILM NUMBER: 25757752 BUSINESS ADDRESS: STREET 1: 1014 VINE ST CITY: CINCINNATI STATE: OH ZIP: 45201 BUSINESS PHONE: 5137624000 MAIL ADDRESS: STREET 1: 1014 VINE ST CITY: CINCINNATI STATE: OH ZIP: 45201 8-K 1 tm259934d1_8k.htm FORM 8-K false 0000056873 0000056873 2025-03-13 2025-03-13 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION   WASHINGTON, DC 20549   FORM 8-K   CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   Date of report (Date of earliest event reported): March 13, 2025   The Kroger Co. (Exact Name of Registrant as Specified in Its Charter)   Ohio   No. 1-303   31-0345740 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   1014 Vine Street Cincinnati , OH   45202 (Address of Principal Executive Offices)   (Zip Code)   ( 513 ) 762-4000 (Registrant’s Telephone Number, Including Area Code)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities Registered Pursuant to Section 12(b) of the Act:   Title of Each Class Trading Symbol(s)   Name Of Each Exchange On Which Registered Common Stock, $1.00 par value per share   KR   New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨           Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   As previously disclosed, on March 2, 2025, the Board of Directors (the “Board”) of The Kroger Co. (the “Company”) appointed Ronald Sargent to serve as interim Chief Executive Officer and Chairman of the Board. In his role as interim Chief Executive Officer and Chairman of the Board, Mr. Sargent will receive an annual base salary of $4,350,000, annualized for the duration of his service, and a grant of 60,515 shares of restricted stock, which will vest one year from the date of the award. &#

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