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AI brief of an SEC Form 8-K · Kroger (KR)

Kroger names David Kennerley CFO effective April 3, 2025, succeeding interim CFO Todd Foley

Neutral Impact 4 of 5 leadership Written later

Kroger appointed David Kennerley, 51, senior vice president and chief financial officer from PepsiCo Europe, as its CFO effective April 3, 2025. Kennerley joins Kroger on March 10, 2025, and Todd Foley, the interim CFO, remains in that role until April 3 before retiring at the end of the first quarter.

Key points

  • Kennerley has been CFO for PepsiCo Europe since March 2020 and has worked at PepsiCo since 2001.
  • Kennerley's compensation includes an annual base salary of $800,000 and an annual incentive bonus target of $800,000.
  • He will receive a one-time cash bonus of $1.35 million and a one-time grant of $2.8 million in restricted shares, to be awarded in March 2025.
  • Foley remains interim CFO until April 3, 2025, then stays as senior vice president until his retirement at the end of the first quarter.

The filing

CompanyKroger (KR)
Form8-K, current report
Filed with the SECFeb 13, 2025, 4:22 PM ET
Accession number0001104659-25-012963

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.