secwatch.observer — SEC 8-K summary
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Issuer:     KROGER CO (KR)
CIK:        0000056873
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001104659-25-012963
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kroger appoints David Kennerley as CFO, effective April 3, 2025
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- Kennerley, 51, joins from PepsiCo Europe where he was SVP & CFO since 2020.
- Will receive $800K base salary, $800K target bonus, $1.35M cash sign-on, and $2.8M in restricted shares.
- Todd Foley, interim CFO, will remain SVP and support transition until retirement after Q1 2025.
- Kennerley also eligible for annual long-term equity grants with current target value of $3.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56873/000110465925012963/0001104659-25-012963-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56873/000110465925012963/tm256429d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-012963

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer