Kroger names former Walmart executive as new CEO

Kroger names former Walmart executive as new CEO

Kroger has named a former Walmart executive as its new chief executive officer, nearly a year after its previous CEO abruptly resigned.

5 things to know about Kroger’s new CEO Greg Foran

Foran, who marks the grocer's first external hire for the top role, has worked in five countries and headed up three different divisions at Walmart.

Kiwi CEO for Kroger

Kroger has named former Walmart executive Greg Foran as its next CEO. Foran, who was born in New Zealand, started his supermarket career at 17 as a shelf-stacker at Woolworths. Just three years later, he was managing a supermarket, attaining increasingly more responsibility within the organization. Foran spent six years leading Walmart U.S., a position he exited in 2019. He is credited with boosting the retail giant’s digital capabilities by int…

Kroger stock edges higher after CEO shake-up as investors sift pay and next earnings call

Kroger named former Walmart executive Greg Foran as CEO, effective Feb. 10, with a $1.5 million base salary and a target of $12 million in annual stock awards. Shares rose 0.4% to $68.32 Wednesday, after falling 3% Tuesday. Investors are watching for Foran’s first moves as the company faces rising competition and labor risks. Kroger reaffirmed its 2025 guidance. The post Kroger stock edges higher after CEO shake-up as investors sift pay and next…

Kroger names former Walmart executive as its new CEO

Kroger named former Walmart executive Greg Foran as its chief executive officer on Monday, 11 months after the abrupt resignation of its previous CEO. Foran has a reputation as a tech-savvy and detail-oriented leader. He led Walmart’s U.S. division from 2014 to 2019, where he focused on cleaning up stores, ensuring items were in stock and improving the fresh produce selection. He also introduced online ordering and pickup, and accelerated Walmar…

New Kroger CEO expected to stress the fundamentals

Greg Foran will also look to compete with Amazon and Walmart, industry experts say