08:04 AM EST, 02/12/2025 (MT Newswires) -- Kroger ( KR ) said Wednesday it has appointed David Kennerley as chief financial officer, effective April 3.

Kennerley will join the company on March 10 from PepsiCo ( PEP ) where he currently serves as CFO of Europe, Kroger ( KR ) said.

He will succeed Todd Foley, who will remain Kroger's ( KR ) interim finance chief through the end of its fiscal 2024 reporting period, the company said.

KR shares were 0.3% lower in recent premarket activity.