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Cincinnati-based grocer Kroger announced on Monday the abrupt resignation of its CEO Rodney McMullen, citing "personal conduct" that was inconsistent with company policy as the reason for his ousting.

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Kroger’s board announced it had convened an independent investigation that ultimately led to McMullen’s departure.

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

Kroger CEO Rodney McMullen is resigning immediately from the grocery store chain following an investigation that found his ...