Kroger chairman Ronald Sargent to stop being an employee, remain non-executive chairman
Kroger said Chairman Ronald L. Sargent will cease serving as a Company employee effective July 1, 2026, and will continue as Non-Executive Chairman of the Board, with updated director pay starting the same day. At the June 25, 2026 annual meeting, shareholders elected all ten directors, approved executive compensation on an advisory basis, ratified PricewaterhouseCoopers LLP as auditor, approved a revised long-term incentive plan, and rejected a shareholder proposal on GHG emissions reductions.
Key points
- Effective July 1, 2026, Ronald L. Sargent (Chairman since March 2025) ceases to be an employee and continues as Non-Executive Chairman.
- From July 1, 2026, each non-employee director receives a $115,000 annual cash retainer and annual incentive shares valued at about $215,000; Sargent also gets about $250,000 in annual incentive shares for chairman service.
- Sargent received 468,967,642 votes for and 23,737,119 against in his director election.
- The GHG emissions shareholder proposal was rejected, with 85,776,050 for and 404,190,678 against.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.