Target names Kroger exec Burt to head grocery ops

|About: Kroger Co. (KR)|By:, SA News Editor

Target (TGT +0.2%) appoints Kroger (KR -1.2%) veteran Jeff Burt as its new Senior VP of grocery, fresh food and beverage, as the retailer makes a renewed push to overhaul the business amid an intensifying price war.

Burt, who joins TGT after 30 years at KR, will replace previous grocery chief Anne Dament, who stepped down in November after less than 18 months on the job.

At KR, Burt most recently served as president of the Fred Meyer division, in charge of stores, fuel stations, distribution centers, manufacturing plants and 38K employees; he will be replaced at Fred Meyer by Joe Grieshaber, another 30-year-plus KR veteran.