Kroger Execs Exceeded Benchmarks, but Bonuses Down

CINCINNATI — Kroger’s executive team exceeded its 2008 bonus thresholds by 5%, although total compensation was down due to having beaten target bonuses by a greater amount in 2007, the retailer said in a proxy statement filed with federal regulators. David Dillon, chief executive officer of Kroger, received total compensation of $8.25 million in 2008, consisting of $1.2 million in base salary, 105% of a $1.5 million bonus target, stock valued at $5.3 million and other compensation t

CINCINNATI — Kroger’s executive team exceeded its 2008 bonus thresholds by 5%, although total compensation was down due to having beaten target bonuses by a greater amount in 2007, the retailer said in a proxy statement filed with federal regulators.

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