The board has appointed lead director ronald ron sargent to serve as chairman of the board of directors and interim chief executive officer, effective immediately. Kr) today announced its succession plan for chief financial officer David kennerley, senior vice president and cfo for pepsico europe, will succeed todd foley as senior vice president and chief financial officer, effective april 3. Ed brings a wealth of knowledge from his time working at and supporting a variety of different retailers, said ron sargent, chairman and ceo of kroger Sourcing plays a critical role in making sure we can provide lower prices to our customers every day. The company will name a cfo successor at a later date
Todd is a proven leader who has served in key finance roles and has contributed meaningfully to kroger's growth and transformation over more than 20 years, said rodney mcmullen, kroger's chairman and ceo. Sargent’s strong insights into corporate governance and his executive leadership experience serve as the basis for his leadership role as chairman of the board of directors and interim chief executive officer. Comments from chairman and ceo ron sargent kroger delivered solid first quarter results, with strong sales led by pharmacy, ecommerce and fresh We made good progress in streamlining our priorities, enhancing customer focus, and running great stores to improve the shopping experience. We are pleased to resolve the claims from c&s, and we look forward to a friendly relationship with them going forward, said ron sargent, chairman and ceo of kroger.
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