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