Kroger Co.
Kroger Appoints Gregory Foran as New CEO
Summary
On February 8, 2026, The Kroger Co. announced the appointment of Gregory S. Foran as its new Chief Executive Officer, effective February 10, 2026. Foran, who previously served as CEO of Air New Zealand Limited, brings extensive experience in leading large-scale retail businesses. His compensation package includes a base salary of $1,500,000 per year, participation in incentive plans, equity awards, and various benefits. The current interim CEO, Ronald Sargent, will continue as Chairman of the Board and will act as principal executive officer until the filing of the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2026.
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About Kroger Co.
Kroger Co., a leading grocery retailer in the United States, operates a vast chain of supermarkets and multi-department stores. With its origins tracing back to 1883, Kroger has grown to become one of the largest retail companies worldwide. The primary function of Kroger is to provide a wide range of food and grocery items, along with other essential goods and pharmacy services, to consumers across the nation. Known for its strong private label brands, Kroger offers products that cater to diverse dietary preferences and budgets. The company plays a pivotal role in the retail sector by maintaining an extensive supply chain network, which is crucial for ensuring food security and accessibility in numerous communities. In addition to its retail operations, Kroger is at the forefront of sustainability initiatives, incorporating environmentally responsible practices and focusing on reducing food waste. Its impact extends beyond groceries, influencing industries such as agriculture, transportation, and logistics, further underscoring its significance in the financial market.
Official SEC Documents
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