Kroger Names New CEO After Reaffirming Fiscal Year 2025 Guidance
Kroger shares rose on Monday after the company named former Walmart executive Greg Foran as its new CEO. Foran will start his role immediately, according to a company press release. The grocery giant reaffirmed its previously stated guidance for fiscal year 2025 and committed to delivering sustainable value in the long run. Source: https://www.investors.com/news/kroger-stock-appoints-new-ceo-the-man-who-turned-walmart-around