secwatch.observer — SEC 8-K summary
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Issuer:     KROGER CO (KR)
CIK:        0000056873
Form:       8-K
Filed at:   2026-09-02T20:48:38+00:00
Accession:  0001104659-26-104763
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kroger names ex-Walmart EVP Mark Ibbotson as Chief Store Operations Officer
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56873/000110465926104763/0001104659-26-104763-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56873/000110465926104763/tm2624577d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-104763

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