The Kroger Co. (NYSE: KR) announced the hiring of Greg Foran as CEO and a member of the board of directors.
Foran replaces Ron Sargent, who served as interim CEO since March 2025 following the resignation of Rodney McMullen after an investigation determined he ran afoul of company ethics policy. Sargent will continue to serve as chairman of the board.
Foran was previously CEO of the US division of Walmart (NYSE: WMT), and earlier in his career he was CEO of Air New Zealand.
Kroger is one of the nation’s largest supermarket companies, operating roughly 2,800 stores in 35 states and the District of Columbia under multiple brands. Last June, the company announced plans to close 60 underperforming stores over 18 months; the company paused the closures during its failed merger with Albertsons Cos. (NYSE: ACI).
“Greg is a highly respected operator who knows how to run large-scale retail businesses, strengthen store execution, and lead high-performing teams,” said Sargent. “His leadership style, focus on the customer, commitment to associates, 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.”
