Form 8-K · Current report
Kroger 8-K, filed Sep 2, 2026
- Filed
- CIK
- 0000056873
- Accession no.
- 0001104659-26-104763
Summary
The Kroger Co. appointed Mark Ibbotson, previously a senior advisor at McKinsey & Company and a former Walmart and Asda executive, as Executive Vice President and Chief Store Operations Officer effective September 14, 2026. Kroger CEO Greg Foran said Ibbotson's operations and omnichannel experience is what the company needs as it pursues its growth plans.
Key points
- Ibbotson, 63, will receive an annual base salary of $1,000,000 and is eligible for an annual incentive bonus target of 110% of base salary, pro-rated for 2026.
- He will receive equity awards in December 2026 totaling $2.25 million in restricted shares and $1.25 million in performance unit awards under the 2026-2028 long-term incentive plan, plus eligibility for an annual long-term grant in March 2027 with a current total target value of $5 million.
- Ibbotson served at Walmart U.S. from 2015 to 2020, including as Executive Vice President of Central Operations and Realty, and previously at Asda and Sainsbury's in the UK.
- Kroger issued a press release on September 2, 2026, regarding the appointment.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 31, 2026, The Kroger Co. (“Kroger” or the “Company”) appointed Mark Ibbotson, 63, as Executive Vice President and Chief Store Operations Officer, effective as of September 14, 2026. Since 2020, Mr. Ibbotson has been a strategic advisor to retail and technology companies and has served as a Senior Advisor for McKinsey & Company for the last four years. Prior thereto, he previously served in various roles at Wal-Mart U.S. …
An excerpt of the text as filed with the SEC, cut for length.
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