Kroger stock edges higher after CEO shake-up as investors sift pay and next earnings call
Kroger named former Walmart executive Greg Foran as CEO, effective Feb. 10, with a $1.5 million base salary and a target of $12 million in annual stock awards. Shares rose 0.4% to $68.32 Wednesday, after falling 3% Tuesday. Investors are watching for Foran’s first moves as the company faces rising competition and labor risks. Kroger reaffirmed its 2025 guidance.