This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Kroger Announces Financial Appointments

CINCINNATI, May 14, 2013 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced Scott M. Henderson has been named Vice President of Pension Investment and Strategy, and Todd A. Foley has been named Vice President and Treasurer, effective with their elections by Kroger's Board of Directors expected on June 27.

Scott M. Henderson Named Vice President of Pension Investment and Strategy

Mr. Henderson, 57, currently serves as Kroger's vice president and treasurer, a position he has held since 2003. He will lead a new team that is responsible for overseeing nearly $12 billion of assets.

"We are very pleased that Scott has agreed to take on this important responsibility," said Mike Schlotman, Kroger's chief financial officer. "Scott brings investment expertise and steady financial leadership to our pension funds, as demonstrated by his more than 10 years as Treasurer and his contribution to the successful consolidation of four UFCW pension plans in 2011."

Mr. Henderson joined Kroger in 1981 as manager of financial reporting in Cincinnati. He has held various positions of responsibility, including vice president and controller for the company's Dillon division and vice president of planning for Kroger.

Todd A. Foley Named Vice President and Treasurer

Mr. Foley, 43, currently serves as Kroger's assistant corporate controller. He replaces Mr. Henderson as treasurer.

"Todd has been a valuable member of Kroger's financial leadership team for 12 years," said Mr. Schlotman. "Todd brings his financial acumen and extensive experience managing Kroger's business planning process to the role of Treasurer."

Mr. Foley began his career with Kroger in 2001 as an audit manager in the Internal Audit department, after working for PricewaterhouseCoopers. He was named controller of Kroger's Cincinnati/ Dayton division in 2003 before being promoted to his current role in 2006.

Mr. Foley's replacement will be named at a later date.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,568.53 -127.94 -0.73%
S&P 500 2,079.65 -12.01 -0.58%
NASDAQ 5,088.63 -48.8540 -0.96%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs