Kroger Appoints PepsiCo Exec David Kennerley as CFO

Kroger has announced the appointment of David Kennerley, currently PepsiCo Europe's Senior Vice President and CFO, as its new Chief Financial Officer. Kennerley will assume the role on April 3, 2023, succeeding Todd Foley, who has been serving as interim CFO since February 2022.

"We are thrilled to welcome David to Kroger as our new CFO," said Chairman and CEO Rodney McMullen. "His extensive financial expertise and proven leadership in the consumer packaged goods industry will be invaluable assets to our team."

Kennerley has over 20 years of experience in financial management. Prior to his role at PepsiCo Europe, he held various leadership positions at Unilever, including Senior Vice President of Finance for North America and Global Vice President of Investor Relations.

Foley will continue to serve as interim CFO until the end of Kroger's fiscal year 2024 and will remain on the senior leadership team to support the transition.