US: Kroger retail SVP announces retirement
The senior vice president of retail operations for US-based Kroger is to retire from the grocery retailer.
Paul Scutt, who began his career with Kroger in 1965, will stand down from his role in late February 2011, the firm said yesterday (24 November).
"Paul has been a driving force behind Kroger's safety, productivity, and cost control improvements," said David Dillon, Kroger's chairman and CEO. "Under Paul's leadership, the company has significantly reduced employee accidents, improved management of product shrink and other operating costs, and instituted process changes that have allowed Kroger to invest in its customer first strategy."
Scutt was appointed president of Kroger's central marketing division in 2000. Two years later he became an officer of the company and joined the senior executive team based in Cincinnati, leading retail operations.
US grocer Kroger recorded an increase in net profit for the fourth quarter on the back of improving identical supermarket sales....
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