Kroger Co. Reports Board Changes and Executive Compensation Updates

Ticker: KR · Form: 8-K · Filed: 2025-02-13T00:00:00.000Z

Sentiment: neutral

Topics: management-change, compensation, governance

Related Tickers: KR

TL;DR

Kroger's board is shuffling, and exec pay is changing. Keep an eye on this.

AI Summary

On February 12, 2025, The Kroger Co. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes information regarding the departure of certain officers, the election of new directors, and updates to compensatory arrangements for key executives. Specific details on the individuals involved and the financial implications of these arrangements are provided within the report.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future financial performance, impacting investor confidence.

Risk Assessment

Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategic direction and financial performance.

Key Players & Entities

FAQ

What specific items are covered in this Form 8-K filing by The Kroger Co.?

This Form 8-K filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD Disclosure, and Financial Statements and Exhibits.

What is the date of the earliest event reported in this filing?

The date of the earliest event reported is February 12, 2025.

What is the principal executive office address for The Kroger Co.?

The principal executive office address for The Kroger Co. is 1014 Vine Street, Cincinnati, OH 45202.

What is the telephone number for The Kroger Co.?

The telephone number for The Kroger Co., including area code, is (513) 762-4000.

In which state is The Kroger Co. incorporated?

The Kroger Co. is incorporated in Ohio.

From the Filing

0001104659-25-012963.txt : 20250213 0001104659-25-012963.hdr.sgml : 20250213 20250213162243 ACCESSION NUMBER: 0001104659-25-012963 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250212 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250213 DATE AS OF CHANGE: 20250213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KROGER CO CENTRAL INDEX KEY: 0000056873 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 310345740 STATE OF INCORPORATION: OH FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00303 FILM NUMBER: 25620615 BUSINESS ADDRESS: STREET 1: 1014 VINE ST CITY: CINCINNATI STATE: OH ZIP: 45201 BUSINESS PHONE: 5137624000 MAIL ADDRESS: STREET 1: 1014 VINE ST CITY: CINCINNATI STATE: OH ZIP: 45201 8-K 1 tm256429d1_8k.htm FORM 8-K false 0000056873 0000056873 2025-02-12 2025-02-12 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION   WASHINGTON, DC 20549   FORM 8-K   CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   Date of report (Date of earliest event reported): February 12, 2025   The Kroger Co. (Exact Name of Registrant as Specified in Its Charter)   Ohio   No. 1-303   31-0345740 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   1014 Vine Street Cincinnati , OH   45202 (Address of Principal Executive Offices)   (Zip Code)   ( 513 ) 762-4000 (Registrant’s Telephone Number, Including Area Code)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities Registered Pursuant to Section 12(b) of the Act:   Title of Each Class   Trading Symbol(s)   Name Of Each Exchange On Which Registered Common Stock, $1.00 par value per share   KR   New York Stock Exchange   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨           Item 5.02               Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   On February 12, 2025, The Kroger Co. (“Kroger” or the “Company”) appointed David Kennerley, 51, as Senior Vice President and Chief Financial Officer, effective as of April 3, 2025. Mr. Kennerley will join Kroger on March 10, 2025 as Seni

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