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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฀Emeritus฀of฀Marquette฀University฀and฀
the฀ Pierpont฀Morgan฀Library.฀He฀ is฀ a฀member฀of฀ the฀ Compensation฀
Committee and chair of the Financial Policy Committee.
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.
66 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฀Five฀Below,฀Inc.฀During฀the฀past฀
five฀ years,฀ he฀ was฀ a฀ director฀ of฀ Mattel,฀ Inc.฀ and฀ The฀ Home฀ Depot,฀
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.
57 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.
62 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.