Does a New CEO Make This Time-Tested Dividend Stock a Buy Now?
Few leadership changes move markets instantly, but The Kroger Company’s (KR) latest decision did exactly that. On Feb. 9, its stock went up 3.9% as the company announced the appointment of former Walmart (WMT) executive Greg Foran as chief executive, ending a year-long search after Rodney McMullen’s ouster last March. Foran brings a proven turnaround pedigree. He served as CEO of Air New Zealand Limited (ANZLY) for nearly five years until October 2025 and previously led Walmart’s U.S. operations from 201 ...