The Kroger Co

KR: XNYS (USA)
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Kroger: Grocer Bags a Proven Veteran in New CEO Greg Foran, Arriving From Walmart

Kroger announced that Greg Foran has taken the CEO reins effective immediately. Foran brings 40 years of retail experience, including various executive positions in Asia and the US at wide-moat peer Walmart. Investors cheered the news, sending the shares up 6% intraday on Feb. 9.

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