Overview
- Greg Foran takes the role effective immediately and joins Kroger’s board following a year-long CEO search.
- Interim leader Ron Sargent remains chairman to oversee the transition after Rodney McMullen’s March 2025 resignation for ethics-policy violations.
- Kroger shares rose about 5% to 6% in early trading after the announcement, reflecting a positive market response.
- Foran previously led Walmart U.S., where he expanded online ordering and pickup and delivered 20 consecutive quarters of comparable sales growth, and most recently served as Air New Zealand’s CEO.
- The appointment follows the court-blocked Albertsons merger and recent cost cuts, with analysts highlighting store execution and e-commerce as likely priorities ahead of an update on the March 5 earnings call.