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The Kroger Co. (KR) Announces Leadership Changes; Aims to Strengthen Operations and Enhance Customer Experience

By Faheem Tahir | August 13, 2025, 12:39 AM

With a significant presence in Warren Buffett’s portfolio and strong hedge fund interest, The Kroger Co. (NYSE:KR) secures a spot on our list of the 14 Best Warren Buffett Stocks to Invest in.

The Kroger Co. (KR) Announces Leadership Changes; Aims to Strengthen Operations and Enhance Customer Experience

On July 29, 2025, The Kroger Co. (NYSE:KR) announced leadership changes, aiming to strengthen its operations and enhance customer experience. Bringing over 25 years of retail and supply chain experience, Ed Oldham, who previously served at PetSmart, has joined the company as Head of Sourcing.

Meanwhile, Ann Reed, who brings decades of merchandising and leadership experience, will serve as Group Vice President of Our Brands. She previously worked as president of the Cincinnati-Dayton division.

Replacing Reed, Jake Cannon, who was previously president of the Louisville division, has taken over the role of Cincinnati-Dayton president. Lastly, Josh Harpole, who previously worked as Vice President of Deli, Bakery, and Prepared Foods, will replace Jake Cannon’s former role.

CEO Ron Sargent expects an inflow of deep operational knowledge, customer focus, and commitment to community with these leadership changes, setting up The Kroger Co. (NYSE:KR) for continued growth in a competitive market.

The Kroger Co. (NYSE:KR), based in Cincinnati, Ohio, operates as one of the largest food and drug retailers in the U.S. It is included in our list of the best Warren Buffett stocks.

While we acknowledge the potential of KR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best AI Stocks to Buy Under $3 and Bill Ackman Stock Portfolio: Top 10 Stock Picks.

Disclosure: None.

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