Kroger taps ALDI executive to lead discount grocery division
CINCINNATI — Kroger on Wednesday named Liz Ferneding to Ruler division president, effective July 31. Ferneding succeeds Paul Bowen, who retired in May.
"Liz's extensive grocery retail experience in procurement, marketing, advertising, management and operations will be an asset to our Ruler associates, customers and community," stated Rodney McMullen, Kroger chairman and CEO. "We have a lot of respect for the Ruler format and the customer it serves. Liz's talent and insights will help us sharpen our value-centric, small-format store."
Ferneding is a graduate of the Farmer School of Business at Miami University and joins Kroger from ALDI, where she has served in a variety of leadership roles for the last 11 years, including an international assignment in Australia. Upon her return to the U.S., Ferneding was promoted to marketing director and then earlier this year, she was promoted to director of corporate buying.
The Ruler division is headquartered in Seymour, Indiana, with 48 stores operating in Illinois, Indiana, Kentucky, Missouri, Ohio and Tennessee. Ruler stores, which average 19,000 square feet, offer low prices and an expansive selection of Our Brands foods. Ruler will open two new stores later this year.
"I'm excited to join the Ruler team to help further develop the format, grow the brand and enhance customer engagement," Ferneding said. "I have admired the Kroger Co. both as a consumer and a competitor and have looked to the company throughout my tenure in the industry as a benchmark in grocery retail."