The Kroger Co. (KR) announced its succession plan for CFO. David Kennerley, senior vice president and CFO for PepsiCo (PEP) Europe, will succeed Todd Foley as senior vice president and CFO, effective April 3. Kennerley will join Kroger on March 10 as senior vice president while Foley continues as interim CFO through the end of Kroger’s fiscal year 2024 reporting cycle. Foley will remain a senior vice president of the company and continue to serve on the senior leadership team to support the company during this transition period until the end of Kroger’s first quarter.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KR:
- Opening Day: Sionna Therapeutics, Titan America make public debut
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Kroger’s Strategic Rebound: Buy Rating Backed by Express Scripts Deal and Promising Fundamentals
- Kroger call volume above normal and directionally bullish
- Kroger announces new agreement with Express Scripts
Questions or Comments about the article? Write to editor@tipranks.com