Kroger’s top executives saw their total compensation decline in 2023, compared with 2022, due to a sharp drop in non-equity incentive plan compensation, according to a filing made this week with the Securities & Exchange Commission.
Rodney McMullen, chairman and CEO, was listed as having total compensation of about $15.7 million, for example, down 18.2% from $19.2 million in 2022. His non-equity incentive plan compensation in 2023 was $672,560, vs. more than $4.1 million in 2022. McMullen’s base salary was about $1.42 million in 2023, up 2.5% over 2022.