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Kroger names former Walmart exec Greg Foran as new CEO
Kroger stock jumps over 8% on the news as the grocery chain seeks to grab market share after its Albertsons acquisition was blocked
Published on Feb. 9, 2026
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Kroger (KR) announced that it has tapped former Walmart (WMT) executive Greg Foran to be the company's new CEO, effective immediately. Foran previously led Walmart's US division for six years, overseeing a turnaround and accelerating the retailer's digital capabilities. The CEO change comes as Kroger looks to gain market share after its proposed acquisition of Albertsons was blocked by regulators in 2024. Kroger stock jumped over 8% in early trading on the news.
Why it matters
The CEO change at Kroger comes at a critical time for the grocery chain as it seeks to navigate a highly competitive retail landscape. Foran's experience leading Walmart's turnaround could help Kroger adapt to shifting consumer trends and fend off competition from larger rivals and discount grocers. The move also signals Kroger's intent to be more aggressive in growing its business after its Albertsons deal fell through.
The details
Foran will take over as Kroger's CEO immediately, replacing interim CEO Ron Sargent who has led the company since last March. Foran spent six years as the head of Walmart's US division, where he oversaw improvements in the retailer's in-store experience and digital capabilities. Prior to Walmart, Foran held leadership roles at Woolworths, a major Australian retailer.
- Kroger announced Foran as its new CEO on Monday, February 9, 2026.
- Foran will begin his role as Kroger's CEO immediately.
The players
Greg Foran
Former Walmart executive who will now serve as the new CEO of Kroger.
Kroger
One of the largest grocery store chains in the United States, operating over 2,700 stores across 35 states.
Walmart
The world's largest company by revenue and a major competitor to Kroger in the grocery industry.
Albertsons
Another major grocery chain that Kroger had planned to acquire, but the deal was blocked by regulators in 2024.
Ron Sargent
The interim CEO of Kroger who has led the company since last March.
What they’re saying
“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”
— Gordon Edgar, grocery employee (Instagram)
The takeaway
Kroger's decision to bring in a seasoned retail executive like Greg Foran signals the company's intent to be more aggressive in competing for market share in the highly competitive grocery industry. Foran's experience in leading Walmart's turnaround could help Kroger adapt to changing consumer preferences and fend off competition from larger rivals and discount grocers.
