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Kroger announced yesterday that Michael L. Ellis, a 38-year company veteran who since 2012 has been senior vice president of retail divisions, has been named the company's new president/COO, effective January 1, 2014.

He succeeds Rodney McMullen, who on that date becomes CEO, succeeding the retiring David Dillon.

Kroger said that this announcement completes its succession plan rollout.
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