The company said it appointed David Kennerley (51) as Senior Vice President and Chief Financial Officer on February 12, 2025, effective April 3, 2025, and he will join Kroger as Senior Vice President on March 10.

1. 01

   The company said it appointed David Kennerley (51) as Senior Vice President and Chief Financial Officer on February 12, 2025, effective April 3, 2025, and he will join Kroger as Senior Vice President on March 10.

2. 02

   The company said Todd Foley, its Interim Chief Financial Officer, will continue in that role until April 3, 2025. He will then remain a Senior Vice President and continue to support the company on the senior leadership team until his retirement at the end of the first quarter.

3. 03

   The company disclosed that Kennerley will receive an annual base salary of $800,000, an annual incentive bonus target of $800,000, a one-time cash bonus of $1.35 million, and a one-time grant of restricted shares worth $2.8 million, vesting over 3 years.

4. 04

   Kroger said Kennerley has been Senior Vice President and Chief Financial Officer for PepsiCo Europe since March 2020, and that he held various roles at PepsiCo since 2001, including Senior Vice President Finance for the North American Bottling business.

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Original filing

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