The Kroger Co. announced that effective July 1, 2026, Chairman of the Board Ronald L. Sargent will cease serving as an employee and will continue in a non-executive capacity. The company also disclosed the results of its 2026 Annual Meeting of Shareholders, where all company proposals were approved.

Key Details

  • Management Change: Ronald L. Sargent, who has been Chairman since March 2025, will transition to Non-Executive Chairman of the Board effective July 1, 2026.
  • Chairman Compensation: In his new role, Mr. Sargent will receive an additional annual grant of Kroger common shares valued at approximately $250,000 for his service as Non-Executive Chairman, on top of standard non-employee director compensation.
  • Shareholder Meeting Results: At the June 25, 2026 meeting, shareholders elected ten directors, approved executive compensation on an advisory basis, ratified PricewaterhouseCoopers LLP as the independent auditor, and approved the Second Amended and Restated 2019 Long-Term Incentive Plan. A shareholder proposal regarding a GHG emissions report was rejected.