Kroger gains after naming former Walmart exec Greg Foran as CEO
ReutersFeb 9, 2026 12:51 PM
Shares of grocery chain Kroger KR.N up ~5% at $71.34 premarket
Co names ex-Walmart executive Greg Foran as CEO, succeeding interim boss Ron Sargent, effective immediately
Co reaffirms previously issued fiscal 2025 forecast
Kroger has been on the lookout for a new CEO since 2025 when it ousted Rodney McMullen after a board investigation found his personal conduct was "inconsistent" with certain company policies
Foran also served as CEO of Air New Zealand AIR.NZ from February 2020 to October 2025
Kroger's year-long CEO search appears to have come to a promising conclusion - Evercore ISI
KR rose about 2% in 2025
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