All articles tagged with #gary millerchip
Costco CFO Richard Galanti, who has been in the role since 1985, is set to step down after nearly 40 years, with former Kroger finance chief Gary Millerchip taking over on March 15. Galanti, known for his colorful tidbits about the retailer on earnings calls, will continue in an advisory capacity after the transition. CEO Ron Vachris expressed gratitude to Galanti for his invaluable contributions to Costco's success.
Kroger's CFO, Gary Millerchip, is stepping down to assume an executive role at another public company, and Todd Foley has been appointed as the interim chief financial officer. Foley, who has over 30 years of finance experience, will lead the finance team as Kroger plans for its pending merger with Albertsons. Millerchip expressed pride in his contributions to Kroger and wished the team continued success, while Foley looks forward to continuing the company's momentum and delivering on its long-term value creation goals.