Kroger CFO Departs Amid Uncertainty on Albertsons Merger (1)

Kroger Co. said Monday its chief financial officer is leaving to go to another company as the supermarket operator waits for regulators’ ruling on its proposed merger with Albertsons Cos.

Gary Millerchip, who started at Kroger in 2008, was named CFO in 2019, according to the company. Kroger declined to elaborate.

The Cincinnati company said that Todd Foley, corporate controller and chief accounting officer, will serve as interim CFO and that a permanent successor will be named at a later date.

Kroger agreed in late 2022 to buy Albertsons for about $24.6 billion to better compete ...