The Kroger Co. announced that Gary Millerchip is stepping down as chief financial officer to assume an executive role at another public company. Todd Foley, group vice president, corporate controller and chief accounting officer, has been appointed interim chief financial officer, effective February 5, 2024 .Foley is a seasoned finance executive with over 30 years of experience.

Since joining Kroger in 2001, he has served as assistant corporate controller, vice president and treasurer, and most recently as group vice president, corporate controller and chief accounting officer. He has been an architect of Kroger?s financial strategy, including the Company?s current Leading with Fresh, Accelerating with Digital strategy. Todd Foley has served as Kroger?s group vice president, corporate controller and chief accounting officer since 2021.

He also has responsibility for the pension investment, tax and insurance teams. Foley joined Kroger in 2001 as an audit manager in the internal audit department. During his tenure, Foley also served as CFO of Kroger?s Cincinnati/Dayton operating division, assistant corporate controller, where he maintained oversight of external and internal financial reporting and managed the corporate accounting department, and as vice president and treasurer. Before joining Kroger, Foley began his career as a CPA and served as a senior audit manager at PwC.

He holds a Bachelor of Business Administration in Accounting from University of Notre Dame, Mendoza College of Business. He serves on the Board of the Cincinnati Center City Development Corporation.