Kroger Elevates Two in Finance

CINCINNATI — Kroger Co. here on Tuesday said it has named Scott M. Henderson vice president of pension investment and strategy, and tapped Todd A. Foley to succeed him as vice president and treasurer.

Henderson, 57, has been in his current role since 2003. He will lead a new team that is responsible for overseeing nearly $12 billion of assets.

“We are very pleased that Scott has agreed to take on this important responsibility,” said Mike Schlotman, Kroger's chief financial officer. “Scott brings investment expertise and steady financial leadership to our pension funds, as demonstrated by his more than 10 years as Treasurer and his contribution to the successful consolidation of four UFCW pension plans in 2011.”

Foley, 43, currently is Kroger's assistant corporate controller. Foley began his career with Kroger in 2001 as an audit manager in the internal audit department, after working for PricewaterhouseCoopers. He was named controller of Kroger's Cincinnati/Dayton division in 2003 before being promoted to his current role in 2006. His successor will be named at a later date.

"Todd has been a valuable member of Kroger's financial leadership team for 12 years," said Mr. Schlotman. "Todd brings his financial acumen and extensive experience managing Kroger's business planning process to the role of treasurer."

Both appointments are effective with their elections by the Kroger board of directors expected on June 27.