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Scott Henderson has been named vice president of pension investment and strategy at The Kroger Co., while Todd Foley was appointed VP and treasurer at the Cincinnati-based grocer, effective with their elections by Kroger's board of directors expected on June 27.
Henderson, 57, currently serves as Kroger's VP and treasurer, a position he has held since 2003. He will lead a new team that is responsible for overseeing nearly $12 billion. "We are very pleased that Scott has agreed to take on this important responsibility," said Mike Schlotman, Kroger's CFO. "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."
Henderson joined Kroger in 1981 as manager of financial reporting in Cincinnati. He has held various positions of responsibility, including vice president and controller for the company's Dillon division and VP of planning for Kroger.
Foley, 43, currently serves as Kroger's assistant corporate controller; he replaces Henderson as treasurer. "Todd has been a valuable member of Kroger's financial leadership team for 12 years," Schlotman said. "Todd brings his financial acumen and extensive experience managing Kroger's business planning process to the role of treasurer."
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.
Foley's replacement will be named at a later date.
Kroger operates 2,424 supermarkets and multidepartment stores in 31 states under two dozen local banner names including Kroger, City Market, Dillons, Jay C, Food 4 Less, Fred Meyer, Fry's, King Soopers, QFC, Ralphs and Smith's.