Kroger Chief Earns $7.47M in 2006

Cincinnati, Kroger Co. chairman and CEO David B. Dillon received compensation in 2006 valued at some $7.47 million, an analysis of a regulatory filing showed.

The filing with the Securities and Exchange Commission Tuesday showed Dillon’s salary at $1.56 million, with incentive compensation of $2.12 million, and stock awards valued at $4.05 million. Dillon also received other compensation of $142,437, including life insurance premiums and tax offsets.

The filing said Kroger’s compensation committee uses comparisons with 10 other retail companies that sell food and drugs, including Wal-Mart Stores Inc. and Target Inc.