Kroger taps former Walmart chief Greg Foran as CEO, Sargent stays chair
Kroger appointed Greg Foran as CEO effective immediately, with board chair Ron Sargent continuing in that role. Foran brings over 40 years of experience leading Walmart U.S. through a major division turnaround and as CEO of Air New Zealand, while Kroger reaffirmed its fiscal 2025 guidance.
1. CEO Appointment
Kroger’s Board of Directors has named Greg Foran as Chief Executive Officer effective immediately, succeeding interim CEO Ron Sargent. Sargent will continue as Chairman to ensure a smooth leadership handover.
2. Foran’s Leadership Background
Foran offers over 40 years of retail leadership, having overseen a multi-year turnaround at Walmart U.S. and driven digital transformation as CEO of Air New Zealand. He managed over 4,600 stores, one million associates, and delivered consistent sales growth across his Walmart tenure.
3. Fiscal Guidance and Transition Plan
The company has reaffirmed its previously issued fiscal 2025 guidance and will provide an update on the CEO transition during its March 5 earnings call to outline next steps and integration plans.