Kroger Appoints Greg Foran as New CEO (KROG)

Kroger appointed Greg Foran, former U.S. CEO of Walmart, as its new chief executive officer, effective February 13, 2026, following the abrupt resignation of Ron Sargent. Foran, who oversaw Walmart’s online ordering and digital acceleration, brings deep retail and supply chain experience. Kroger, the largest standalone U.S. supermarket chain with 2,731 stores and 409,000 employees, faces intense competition from Walmart (21% market share) and Costco (8.5% per Numerator). The proposed Kroger-Albertsons merger was blocked in 2024 by the FTC and two states citing antitrust and consumer harm concerns. Foran will succeed Sargent, who remains chairman during the transition. Foran most recently led Air New Zealand, enhancing digital capabilities and guiding the airline through the pandemic.