Kroger Elects Elaine Chao to Board of Directors
https://finance.yahoo.com/news/kroger-elects-elaine-chao-board-203000349.htmlMon, August 2, 2021, 4:30 PM·2 min read
CINCINNATI, Aug. 2, 2021 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced that Elaine Chao has been elected to the company's board of directors.
"We are pleased to welcome Elaine to Kroger," said Rodney McMullen, Kroger's chairman and CEO. "She's an experienced national and global leader who brings to Kroger's board deep knowledge of corporate governance, strategic and workforce management, and public-private partnerships as well as extensive experience at the highest levels of U.S. government."
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Elaine Chao is both the first Asian-Pacific American woman to serve in the President's cabinet in U.S. history and the longest-serving U.S. cabinet secretary since World War II.
She obtained her Master of Business Administration from Harvard Business School after receiving her undergraduate degree in Economics from Mount Holyoke College. Recognized for her extensive record of accomplishments and public service, she is also the recipient of 37 honorary doctorate degrees.
Elaine Chao is elected to serve until Kroger's annual meeting of shareholders in June 2022, at which time she will stand for election by the shareholders.
DURHAM D
(32,826 posts)Yes, I have Kroger stock. Just so you know, I did not buy it. I owned stock in another company that was purchased by Kroger.
Under The Radar
(3,418 posts)What does Elaine know about overpriced groceries?
CurtEastPoint
(19,119 posts)elleng
(135,637 posts)cbabe
(4,085 posts)And yes she's totally corrupt ex sec of transportation married to totally corrupt McConnell.
Sanity Claws
(22,013 posts)cbabe
(4,085 posts)how that happens.
RiteAide bought family owned PNW pharmacy chain Bartells.
Severely understaffed including pharmacy. Dirty floors. Chipped paint. Etc.
Used to be friendly helpful community stores. No more. Which is what everyone feared during the takeover. Sad.
bucolic_frolic
(46,560 posts)My favorite is shoes. Big players buy a good brand and want to profit. So they cheapen the product. Was a big thing in the Great Recession because people weren't buying shoes. After they cheapen the product, consumers move on to other brands. Reebok is said to be on the ropes. Florsheim now part of a conglomerate. Some of the brand owners own multi-line shoe stores, and push the brands they own.
I like to look up my favorite brand to see who owns them now.
There's a reason leather is now a veneer, shoes are made of lightweight fabric. They keep making them cheaper so they can make more money.
Response to bucolic_frolic (Original post)
miss-nasty This message was self-deleted by its author.
Thomas Hurt
(13,925 posts)That Krogers card thing annoys the crap out of me.
SoCalNative
(4,613 posts)no more shopping at Ralph's for me
Casady1
(2,133 posts)hire union buster chao. As an Asian who is pretty close to having my ancestors work on the railroad I find her to be reprehensible. She came here in the sixties and was wealthy. My family took the racism she she could coast by. The fact that she spoke at the Golden Spike celebration for the Chinese who worked on the railroad made me puke.
doc03
(36,518 posts)ago because they somehow offended the My Pillow Guy. I wonder if the Trumplicon boycott brought that on?
AuntieKatie
(2,175 posts)rickyhall
(4,889 posts)niyad
(119,309 posts)Last edited Tue Aug 3, 2021, 03:54 PM - Edit history (1)
the ceo demonstrated such poor judgment in getting that corrupt unethical slimeball on the board, .I have no choice but to go to Costco.
bucolic_frolic
(46,560 posts)Grasswire2
(13,684 posts)I'd like to picket my local store.
I'd be the only one out there. Most people don't even know who she is.
SeattleVet
(5,580 posts)Ever since our local Fred Meyer (A Kroger company) forced our favorite local supermarket to be closed and demolished so they could expand *their* store and add a grocery section. We moved all of the business that used to go to that store to another one of the same (very small, local) chain a few miles away.
I have not spent a nickel in a Fred Meyer since they did that, and we used to be dropping by to get something from that Freddy's at least once a week. Several of the neighbors have also stopped buying things there, also.
marble falls
(61,857 posts)dchill
(40,184 posts)multigraincracker
(33,913 posts)step in those stores again.