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1. @kroger CEO Rodney McMullen is paid $12 million per year

Sales at his stores are booming

Multiple Kroger workers have died of COVID-19

But, as the pandemic rages, McMullen plans to rescind its $2/hour "hero bonus" for hourly employees in six days

popular.info/p/anti-hero
@kroger 2. @Kroger hasn't released details of McMullen's 2020 compensation, but it's tied to metrics

Previously, one of McMullen's key metrics was "Reduction in Operating Cost as a % of Sales"

So by ending "hero pay" McMullen may be increasing his salary

popular.info/p/anti-hero
3. @Kroger confirmed to me that McMullen and other executives continue to WORK FROM HOME

So the company understands things have not returned to normal

"We have found that they can effectively serve and support our store teams while working remotely"

popular.info/p/anti-hero
4. Kroger has $2.3 BILLION in cash reserves & has spend $733 MILLION since November

They can easily afford the $2 hero bonus

But they are betting that most people won't pay attention

For more accountability journalism, check out my newsletter --> popular.info/subscribe
5. As @Kroger plans to cut pay for hourly workers, it continues to spending hundred of thousands of dollars on a national TV ad "thanking" its workers

"In a time when daily live feels a bit uncertain, your hard work is keeping America fed. "

popular.info/p/anti-hero
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