Kroger names ex-Walmart EVP Mark Ibbotson as Chief Store Operations Officer
KROGER CO
Mark Ibbotson, 63, becomes EVP and Chief Store Operations Officer effective Sept 14, 2026; prior EVP Central Ops & Realty at Walmart U.S. and COO at Asda.
Compensation: $1M base salary, annual incentive target of 110% of base (pro-rated 2026), and $5M total target LTI value starting March 2027.
One-time December 2026 grants: $1.25M restricted shares vesting over 3 years, $1.25M performance units (2026-2028), and $1M restricted shares vesting over 2 years.
Ibbotson served as McKinsey & Company Senior Advisor for last 4 years; no family relationships or Item 404(a) reportable transactions.
CEO Greg Foran cites Ibbotson's scale experience in operations and omnichannel retail to build America's Best Grocer.
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