"Costco and Kroger Experience Executive Shake-Ups Amid Merger Uncertainty"

Kroger's CFO Gary Millerchip, who was set to be the number two executive in the combined company with Albertsons, has left the company and joined Costco as their CFO. Todd Foley will serve as the interim CFO for Kroger, and it remains uncertain if he will lead the combined company if the deal with Albertsons goes through. Kroger had hoped to close the deal early this year but extended the deadline to late summer due to challenges from the State of Washington and negotiations with the Federal Trade Commission.