Kroger is a publicly-traded company, listed on the New York Stock Exchange (NYSE) under the ticker symbol KR. This means that Kroger is owned by its shareholders, who collectively hold shares of the company's stock.
The Kroger Company is led by a strong team of executives, including Rodney McMullen, who serves as the Chairman of the Board and Chief Executive Officer (CEO). McMullen has been with Kroger for over 40 years, starting as a store manager and working his way up to the top spot.
Kroger's leadership team is responsible for making strategic decisions that impact the company's operations, including its grocery store operations, digital services, and private label brands.
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Company Ownership
Kroger is a public company listed on the New York Stock Exchange (NYSE) under the symbol KR.
Its public structure allows individual and institutional investors to purchase shares and participate in its financial growth.
Kroger operates autonomously, without a corporate parent, and instead emphasizes its diversification strategy by owning and operating multiple subsidiary brands.
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Major shareholders include large investment firms such as Vanguard Group and BlackRock, which own significant percentages of the company.
These shareholders have confidence in Kroger's performance and long-term prospects.
Institutional owners and individual shareholders own Kroger, with 79.07% of the company owned by institutional shareholders.
Retail investors own around 19.23% of the company, while Kroger Co insiders own 1.70%.
The largest shareholder is W. Rodney McMullen, who owns 3.42M shares or around 0.48% of the company.
The Vanguard Group is the largest institutional investor, owning around 10% of the company.
BlackRock Inc. is the largest shareholder of Kroger, with 10% of the total shares.
Berkshire Hathaway Inc. is a close second, owning 8.4% of the total shares in Kroger.
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