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Kroger CFO to retire; successor named

The Kroger Co. said Dec. 17 that CFO Michael Schlotman will retire from the company in December 2019.

The Cincinnati-based supermarket chain said Schlotman will remain CFO until April 3, 2019, and will stay with the company as an executive vice president until Dec. 28, 2019, to facilitate a seamless transition period.

Kroger appointed Gary Millerchip as senior vice president and its new CFO, effective April 4, 2019.

Millerchip has been CEO of Kroger's financial services company, Kroger Personal Finance, since 2010.