Business

Exclusive | Kroger Plans to Name an Ex-Walmart Executive as Its Next CEO

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Grocery giant

Kroger

KR

1.24%

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increase; green up pointing triangle

plans to hire Greg Foran, a former executive at top rival Walmart WMT 3.34%increase; green up pointing triangle, as its next chief executive, according to people familiar with the matter.

The company is expected to announce the choice as soon as Monday, some of the people said.

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