Hi. I worked for Kroger for 36 years. I started in June 1972 and retired in May 2008. Overall my years at Kroger were OK. I was lucky enough to retire before they changed the retirement. I really feel for those friends of mine who were within a couple of years of retireing when it all changed. I worked in the Cincinnati KMA. I wanted to ask a question of any fellow retirees on the forum. In the 1980's Kroger gave most employees a certain amount of Kroger stock after a buyout attempt. You were not allowed to sell it till after you retired. I used to get annual statements on the value of this stock. I even remember calling a phone number to see what it was worth. I have not heard anything about this in the last few years. If anyone knows who handles this stock or who to contact about it please let me know.
Also having been a long time employee of Kroger I may be able to answer some questions you might have about working at Kroger. I'm not a Kroger hater. I enjoyed my years at kroger for the most part. A lot of what I have today is because of working at Kroger. One thing I always tell people is something a long time employee told me my first week. He said it's not a bad place to work and that he had never been laid off a day in his life. After 36 years I can say the same.
Sorry pal... if u haven't heard anything or received any regular Merill Lynch statements then it's gone bye bye. Maybe it was moved into your h.r. manager's golden parachute?
I think it was called KESOP or something like that, it was before my time, though not by much. I thought it got folded into a 401K or added to yours if you had one. I know in the '88 restructuring you were given a "stub" for every share of stock you had and you could hold it or sell it, I sold mine (wish I would have held on to it) but kept the stock. Call the HR in the Cinci KMA and ask them, they should know.
Had many good years at Kroger and just recently found this board. One thing I used to tell people was that when you were hired you were given a job description and what you were going to get paid, and don't expect anything more than that. Worked for me until I retired.
