Kroger announced Monday that its board of directors has been named a top 20 finalist for the 2022 NACD Diversity, Equity & Inclusion Awards. The awards recognize boards that have improved their governance and created long-term value by implementing forward-thinking DEI practices.
"We believe this work is never complete," said Ronald Sargent, Kroger's lead director, in a statement. "Under the board's leadership, we have achieved important progress and we will continue to support investments and policies that improve diversity, equity and inclusion for Kroger associates and our communities. The Board is honored to be recognized by NACD."
Kroger's board of directors indicated in a statement that it holds management accountable for delivering and executing the company's DEI goals and encourages continued investments to achieve measurable change.
"Kroger has worked to achieve great strides in creating an equitable boardroom," said NACD president and CEO Peter Gleason, in a statement. "NACD is proud to honor the Kroger Board of Directors for advancing DE&I in their boardroom and throughout their organization."
In 2020, Kroger established the Framework for Action: Diversity, Equity, & Inclusion to accelerate and promote greater change within the company. The plan features five areas of focus:
• Create a more inclusive culture
• Develop diverse talent
• Seek out diverse partnerships
• Advance equitable communities
• Deeply listen to its community and report progress
“We are proud to receive this recognition; however, our work continues. We will continue to listen, learn and act to transform our culture and our communities. I am especially proud of our associates who embody Our Values and so honestly shared their insights that were instrumental in shaping Kroger's Framework for Action," said Rodney McMullen, Kroger's chairman and CEO, in a statement.
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Image: NACD