Kroger CEO Cut Workers' COVID-19 Hazard Pay, Grabbed Record $22.4 Million Package Himself

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Kroger is closing stores where communities are requiring hazard pay.

Kroger grocery company CEO Rodney McMullen cut COVID-19 hazard pay for food workers last year just months into the pandemic — then scooped up a record $22.4 million in compensation for himself, Bloomberg reported Thursday.

McMullen’s pay package was revealed Thursday in a regulatory filing. His compensation rose almost 6% from the prior year, padded by a bigger bonus, a salary hike and stock awards, Bloomberg noted. That was McMullen’s biggest take ever since he became CEO in 2013.

Median pay for Kroger’s workers fell 8%, to an annual $24,600. Kroger’s full-time workers, however, did get a bonus a year ago: $300. The Cincinnati-based company, the nation’s largest supermarket chain, employs about 465,000 people.



https://www.huffpost.com/entry/rodney-mcmullen-kroger-foods-hazard-pay-record-22-million-dollars_n_609ded66e4b0daf2b59f5ded

[Hugin]

1. This activity was probably far more widespread than Kroger.

Especially, to chains where individual store manager's bonuses are linked to savings on overhead. You've seen stores which lack maintenance and security? Those.

[dempls]

2. Fair compensation

But minimum wage.... Let argument start. His compensation compared to workers wages is indecent.

[UpInArms]

3. A prime example of the "trickle down theory" in action

This guy has become a poster boy.

[LittleGirl]

4. Wow, guess I'll add Kroger to my

“Never shop” stores, like chik-filet, Walmart and stick with Costco.

[Hoyt]

5. Yeah, they should take that $23 Million and distribute it among all employees, $53 a person.

[jimfields33]

6. Wow. That really does put some perspective in it

And that’d be a one time 53 dollar bonus.

[SMC22307]

7. $53 might be a water bill. Groceries. Gas money.

$23M trickle-up money directed (hopefully) into local communities rather than horded by a multi-millionaire.

[Hoyt]

8. Maybe, but having worked for small and lager companies, I prefer the stability, better pay,

benefits, working conditions, etc., of a larger company.

And as long as I'm doing as well as I can working for another company, I really don't care how much the people responsible for keeping things going get paid.

[Chautauquas]

9. He cut hazard pay

never mind the 23m grab, cutting hazard pay for employees who were risking their lives is an incredibly shitty thing to do and it puts him in the "what a scumbag" territory for me.