Kroger named former Walmart executive Greg Foran as it’s next CEO. Foran spent six years leading Walmart USA and most recently served as CEO of Air New Zealand. “Greg is a highly respected operator who knows how to run large-scale retail businesses, strengthen store execution and lead high-performing teams,” Kroger Board Chairman Ron Sargent, who had served as the grocer’s interim CEO, said in a statement. “His leadership style, focus on the customer, commitment to associations and disciplined approach to execution are the perfect fit for Kroger. The Board is confident Greg is the right leader to guide Kroger into its next chapter.”
The appointment concludes a difficult period for Kroger subsequent to plans to acquire Albertsons for $24.6 Billion. The deal was officially terminated after in late 2024. Last March, Rodney McMullen resigned as Kroger’s CEO following a Board investigation into his personal conduct that was deemed unrelated to the business but “inconsistent with Kroger’s Policy on Business Ethics,” the grocer said at the time. The resignation ended McMullen’s nearly 50-year history with Kroger, where he rose through the ranks from stock clerk to chief executive. He had held the CEO post since 2014.
“Kroger is one of the most dynamic companies in retail,” Foran said in a statement. “The company is built on a strong foundation, supported by a talented leadership team, and caring associates who are dedicated to the customers and communities they serve. At this moment in Kroger’s journey, I can honestly say this is the best job on the planet. I look forward to working with the Board and the entire team to build on this momentum, continue raising the bar for customers, and deliver long-term value for customers, associates and shareholders.”
(847) 277-9500