Kroger names Greg Foran CEO effective February 10; Ron Sargent stays chairman
Kroger's Board appointed Greg Foran, 64, as chief executive officer effective February 10, 2026, and he will also join the Board. Foran previously led Air New Zealand as CEO from February 2020 until October 2025 and Walmart U.S. from August 2014 until January 2020. Ron Sargent, interim CEO since March 2025, remains Chairman, and Kroger reaffirmed its fiscal 2025 guidance.
Key points
- Foran's offer letter sets base salary at $1,500,000 a year and an annual cash incentive target of 200% of base salary.
- Foran's long-term incentive target is $12,000,000 a year, with a standard grant planned for March 2026 subject to Compensation Committee approval.
- Sargent remains Chairman and principal executive officer until the Form 10-K for the fiscal year ended January 31, 2026 is filed.
- Kroger reaffirmed its fiscal 2025 guidance and said it will provide a further update on the leadership transition on its March 5 earnings call.
The filing
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 09, 2026.
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.