Publix names new CEO

Publix says it will make Kevin Murphy its new CEO effective Jan. 1 in a shakeup of longtime executives.

The grocery chain and food giant, with $54.5 billion in revenue in 2022, made the announcement Friday in an announcement on its corporate site.

And the shakeup didn't end at CEO. Current CEO Todd Jones will become Publix executive chairman, and SVP John Goff will be promoted to president. Ed Crenshaw, Publix chairman, will remain on the board of directors as "chairman emeritus," the release states.