Kroger 2013 Annual Report Download - page 6

Download and view the complete annual report

Please find page 6 of the 2013 Kroger annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 152

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152

4
Leadership
We฀believe฀we฀have฀one฀of฀ the฀strongest฀management฀teams฀in฀ the฀ retail฀industry.฀ For฀ten฀years฀ our฀
Company฀has฀been฀led฀by฀Dave฀Dillon,฀who฀has฀been฀called฀“the฀grocers’฀grocer.”฀Dave’s฀knowledge฀of฀the฀
business,฀passion฀for฀customers฀and฀associates,฀and฀principled฀and฀disciplined฀approach฀to฀running฀a฀world-
class฀company฀has฀rewarded฀ shareholders,฀associates,฀customers,฀and฀communities.฀We฀ thank฀him฀for฀the฀
strong฀ foundation฀ he฀ built฀ and฀ that฀ we฀ are฀ inspired฀ to฀ continue฀ to฀ expand.฀ Dave฀ often฀ refers฀ to฀ retailing฀
as฀a฀team฀sport.฀Every฀great฀team,฀including฀ours,฀needs฀a฀great฀coach฀and฀leader.฀Thank฀you,฀Dave,฀for฀ten฀
remarkable฀years฀as฀Chairman฀and฀CEO.
In Memoriam and Retirements
We฀were฀saddened฀by฀the฀loss฀of฀our฀friend฀and฀colleague,฀Jon฀C.฀Flora,฀who฀passed฀away฀unexpectedly฀
in฀September฀2013.฀He฀was฀president฀of฀Fry’s฀Food฀Stores฀in฀Arizona.฀Jon฀was฀a฀compassionate฀and฀hands-on฀
leader. We all miss him deeply.
We฀ extend฀ our฀ appreciation฀ to฀ John฀ LaMacchia,฀ who฀ retired฀ from฀ Kroger’s฀ Board฀ of฀ Directors฀ in฀
December฀2013฀after฀24฀years฀of฀service;฀to฀Paul฀Heldman,฀executive฀vice฀president,฀secretary฀and฀general฀
counsel,฀who฀retires฀in฀May฀after฀32฀years฀of฀service;฀and฀to฀Robert฀“Pete”฀Williams,฀senior฀vice฀president,฀
who฀retires฀in฀May฀after฀37฀years฀with฀the฀Company.฀On฀behalf฀of฀our฀entire฀Company,฀we฀thank฀each฀of฀these฀
individuals for their service and leadership.
Bright Future – More to Come
Kroger’s฀future฀is฀bright.฀We฀are฀differentiating฀our฀Company฀in฀the฀crowded฀field฀of฀retailers฀in฀ways฀that฀
lead฀to฀sustainable,฀reliable฀growth.฀And฀there฀is฀a฀lot฀more฀to฀come฀for฀shareholders,฀associates฀and฀customers.฀
On฀behalf฀of฀the฀entire฀Kroger฀family,฀we฀thank฀you฀for฀your฀continued฀support฀and฀trust.฀
W.฀Rodney฀McMullen
Chief Executive Officer