Kroger has revealed that David Kennerley, current CFO of PepsiCo Europe, will replace Todd Foley as CFO starting April 3.

Kroger said on Wednesday PepsiCo executive David Kennerley would succeed Todd Foley as the company's chief financial officer, effective April 3. The U.S. grocer announced last February that Foley would take over the role on an interim basis,

Kroger Co. has hired a new CFO to fill a key role that has been held on an interim basis for the past year. STORY HIGHLIGHTS Kroger Co. has hired a new chief financial officer to fill a key role that has been held on an interim basis for the past year.