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(Sharecast News) - US supermarket retailer Kroger said on Monday that it has appointed former Walmart executive Greg Foran as chief executive officer with immediate effect.
Foran, who will also join the board of directors, succeeds Ron Sargent, who has been serving as interim CEO since March 2025.
Sargent said: "Greg is a highly respected operator who knows how to run large-scale retail businesses, strengthen store execution, and lead high-performing teams.
"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."
Foran has more than 40 years of experience leading large, complex consumer businesses through periods of transformation, growth, and digital adoption, Kroger said.
"Having led businesses across five countries, he brings a global perspective on innovation and a deep belief that culture is the foundation and the key to delivering consistent top- and bottom-line growth."
Foran led Walmart US for six years, where he oversaw a turnaround of the retailer's largest division until 2019. Kroger said he accelerated Walmart's digital capabilities, introducing online ordering and pick up and driving "meaningful" retail media results.
Most recently, Foran served as chief executive officer of Air New Zealand. Kroger said he guided the airline "through significant disruption amid the pandemic, maintaining a focus on operational rigor and long-term resilience".
At 1255 GMT, Kroger shares were up 5.7% in pre-market trade at $71.37.
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