Kroger (NYSE:KR) Senior VP and Chief Merchant and Marketing Officer Resigns

On November 19, 2024, The Kroger Co. received notification from Stuart Aitken, Senior Vice President and Chief Merchant and Marketing Officer, regarding his decision to resign from the company effective January 1, 2025, in order to pursue other professional opportunities.

The Kroger Co., an Ohio-based company listed on the New York Stock Exchange under the symbol KR, disclosed this departure of a key executive in a recent 8-K filing with the Securities and Exchange Commission. Stuart Aitken’s resignation marks a significant change within the leadership team of Kroger.

According to the filing, Christine S. Wheatley, the Senior Vice President, General Counsel, and Secretary of The Kroger Co., signed the report on behalf of the company on November 22, 2024.

As per the current report filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, The Kroger Co.’s Principal Executive Offices are located at 1014 Vine Street, Cincinnati, Ohio 45202. Interested individuals can reach the company by phone at (513) 762-4000.

The departure of Stuart Aitken is expected to prompt changes within the executive team of The Kroger Co. as the company navigates this transition period. Aitken’s decision to resign comes amidst ongoing developments within the organization.

The news of Aitken’s resignation follows the recent announcement by Backblaze, Inc. regarding the pricing of an upsized $35 million follow-on offering. Backblaze, Inc., a cloud storage innovator, stated that the underwritten public offering involves 6,250,000 shares of its Class A common stock priced at $5.60 per share. The offering is anticipated to close on November 22, 2024, subject to customary closing conditions.

Oppenheimer & Co. Inc. and Needham & Company, LLC are acting as joint book-running managers for the offering, with Craig-Hallum Capital Group LLC serving as the co-manager. Backblaze’s offering is being conducted pursuant to an effective shelf registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission.

This bulletin does not constitute an offer to sell or a solicitation of an offer to buy securities. Potential investors are advised to review the applicable registration and offering documents for further details.

Notably, all forward-looking statements made in this press release concerning the follow-on public offering including its proposed terms are subject to certain uncertainties and risks described in Backblaze’s filings with the SEC.

Investors seeking additional information are encouraged to contact Backblaze’s Investor Relations department at ir@backblaze.com.

This concludes the representation of recent developments at The Kroger Co. and Backblaze, Inc.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Kroger’s 8K filing here.

Kroger Company Profile

The Kroger Co operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.