Foley has been with Kroger since 2001, when he started as an audit manager. He went on to become controller of the Cincinnati-Dayton Division in 2003 and then assistant corporate

Kroger has announced that David Kennerley will succeed Todd Foley as the company’s senior vice president and chief financial officer.

Traditional supermarkets like Kroger must compete with mass merchandise and warehouse club channels, says a Morningstar analyst.

Kroger has hired veteran PepsiCo executive David Kennerley as the supermarket operator’s chief financial officer as it steers through another period of rising food prices. Kennerley, who is currently CFO of PepsiCo Europe,