The Kroger Company yesterday (5 September) announced that it has elected a new member to its board of directors, bringing the number of seats on the Cincinnati-based retailer’s board to 14.
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James A. Runde has been elected to serve on Kroger’s board until the company’s annual shareholder meeting in June 2007 when he will stand for election by shareholders.
Runde is a special advisor and a former vice chairman of Morgan Stanley, where he has managed an array of corporate mergers, privatisations and restructurings. Until earlier this year, he served on the board of Burlington Resources.