Kroger is set to appoint former Walmart executive Greg Foran as its new CEO, according to a report by the Wall Street Journal. Foran, who previously served as Walmart’s U.S. CEO, will take over the reins from Rodney McMullen.

The move comes as Kroger aims to boost its competitive edge in the grocery industry. Foran’s experience in leading Walmart’s U.S. operations could bring valuable insights and strategies to Kroger as it navigates through the evolving retail landscape.

Foran’s appointment as CEO of Kroger marks a significant change in leadership for the supermarket chain. With his proven track record in the retail sector, Foran is expected to drive growth and innovation at Kroger, helping the company stay ahead in a highly competitive market.

Investors and industry analysts are closely watching Kroger’s decision to name Greg Foran as its new CEO. The move is seen as a strategic choice to capitalize on Foran’s expertise and leadership skills, potentially boosting Kroger’s performance and market position in the coming years.

Read more at Investing.com: Kroger plans to name ex-Walmart executive Greg Foran as next CEO, WSJ reports