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13
Name
Professional
Occupation (1) Age
Director
Since
James A. Runde Mr. Runde is a special advisor and a former Vice Chairman of Morgan
Stanley, a financial services provider, where he has been employed
since 1974. He was a member of the Board of Directors of Burlington
Resources Inc. prior to its acquisition by ConocoPhillips in 2006.
Mr. Runde serves as a trustee of Marquette University and the Pierpont
Morgan Library. He is a member of the Compensation and Financial
Policy Committees.
Mr. Runde brings to Kroger’s Board a strong financial background,
having led a major financial services provider. He has served on the
compensation committee of a major corporation.
65 2006
Ronald L. Sargent Mr. Sargent is Chairman and Chief Executive Officer of Staples, Inc.,
a consumer products retailer, where he has been employed since
1989. Prior to joining Staples, Mr. Sargent spent 10 years with Kroger
in various positions. In addition to serving as a director of Staples,
Mr. Sargent is a director of The Home Depot, Inc. During the past five
years, he was a director of Mattel, Inc. Mr. Sargent is chair of the Audit
Committee and a member of the Public Responsibilities Committee.
Mr. Sargent has over 30 years of retail experience, first with Kroger
and then with increasing levels of responsibility and leadership
at Staples, Inc. His efforts helped carve out a new market niche
for the international retailer that he leads. His understanding of
retail operations and consumer insights are of particular value to
the Board. Mr. Sargent has been designated an Audit Committee
financial expert.
56 2006
Bobby S. Shackouls Until the merger of Burlington Resources Inc. and ConocoPhillips,
which became effective in 2006, Mr. Shackouls was Chairman of the
Board of Burlington Resources Inc., a natural resources business,
since July 1997 and its President and Chief Executive Officer since
December 1995. He had been a director of that company since 1995
and President and Chief Executive Officer of Burlington Resources Oil
and Gas Company (formerly known as Meridian Oil Inc.), a wholly-
owned subsidiary of Burlington Resources, since 1994. Mr. Shackouls
is a director of PNGS GP LLC, the general partner of PAA Natural
Gas Storage, L.P. and Oasis Petroleum Inc. During the past five
years, Mr. Shackouls was a director of ConocoPhillips. He has been
appointed by Kroger’s Board to serve as Lead Director. Mr. Shackouls
is chair of the Corporate Governance Committee and a member of the
Audit Committee.
Mr. Shackouls brings to the Board the critical thinking that comes with
a chemical engineering background. His guidance of a major natural
resources company, coupled with his corporate governance expertise,
forms the foundation of his leadership role on Kroger’s Board.
61 1999
(1) Except as noted, each of the directors has been employed by his or her present employer (or a subsidiary)
in an executive capacity for at least five years.