BUZZ-Kroger gains on report co to announce former Walmart exec Greg Foran as CEO

Reuters

02/09

** Shares of grocery chain Kroger KR.N rises 5.1% at $70.97 premarket

** WSJ reports Kroger plans to hire Greg Foran, former president and CEO of Walmart's WMT.O U.S. operations

** Kroger has been on the lookout for a new CEO since 2025 when it ousted Rodney McMullen after a board investigation found his personal conduct was "inconsistent" with certain company policies

** "If confirmed, we believe Greg Foran would be a good hire, as a strong grocery/retail executive who is known for his detail-oriented approach to running stores and service," Morgan Stanley analysts said in a note

** Foran also served as CEO of Air New Zealand AIR.NZ from February 2020 to October 2025

** Kroger is expected to announce the choice as soon as Monday, the WSJ report added

** YTD, KR up 8% as of last close

(Reporting by Kanchana Chakravarty in Bengaluru)

((Kanchana.Chakravarty@thomsonreuters.com;))

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18:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Kroger gains on report co to announce former Walmart exec Greg Foran as CEO</title></head><body><p>** Shares of grocery chain Kroger <span>KR.N</span> rises 5.1% at $70.97 premarket</p><p>** WSJ reports Kroger plans to hire <span>Greg Foran</span>, former president and CEO of Walmart's <span>WMT.O</span> U.S. operations</p><p>** Kroger has been on the lookout for a new CEO since 2025 when it ousted <span>Rodney McMullen</span> after a board investigation found his personal conduct was \"inconsistent\" with certain company policies</p><p>** \"If confirmed, we believe Greg Foran would be a good hire, as a strong grocery/retail executive who is known for his detail-oriented approach to running stores and service,\" <a href=\"https://laohu8.com/S/MSPQL\">Morgan Stanley</a> analysts said in a note </p><p>** Foran also served as CEO of <a href=\"https://laohu8.com/S/ANZFF\">Air New Zealand</a> <span>AIR.NZ</span> from February 2020 to October 2025</p><p>** Kroger is expected to announce the choice as soon as Monday, the WSJ report added </p><p>** YTD, KR up 8% as of last close</p><p> (Reporting by Kanchana Chakravarty in Bengaluru)</p><p> ((Kanchana.Chakravarty@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0211328371.USD","symbol_name":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260209:nL6N3Z50L2:1","article_id":"2610763667","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610763667","pubTimestamp":1770631616,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, 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