Walmart overhauls executive ranks, John Furner set to take CEO role at month's end [Yahoo! Finance]
Walmart Inc. (WMT)
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Source: Yahoo! Finance
The shakeups started late Thursday , when the company announced that its CEO of Walmart International, Kathryn McLay, would depart on Jan. 31. McLay will stay through the first quarter "to help ensure a smooth transition," the company said. McLay, who made the move from Australia to Arkansas for Walmart in 2015, joined as vice president of US finance and strategy, was named CEO of its wholesale membership retailer Sam's Club in 2019, then took the helm of its international operations in 2023. Ahead of Furner's appointment, some analysts had seen McLay as a potential candidate to succeed McMillon, who will retire on Jan. 31 after more than a decade leading the retail giant. Taking Furner's role as Walmart US CEO will be David Guggina, who currently oversees all US e-commerce operations. In the latest quarter, sales growth for Walmart US was led by "acceleration in e-commerce, led by store-fulfilled delivery and advertising," the company said, with e-commerce growth above 20% for
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News
- Walmart overhauls executive ranks, John Furner set to take CEO role at month's end [Yahoo! Finance Canada]Yahoo! Finance Canada
- Minifridge recall expands to 964,000 Frigidaires after fire reports [Los Angeles Times (CA)]Los Angeles Times
- Walmart Announces Leadership Changes [Yahoo! Finance]Yahoo! Finance
- Walmart Announces Leadership ChangesBusiness Wire
- 1 Consumer Stock I'd Be Comfortable Holding for 20 Years: Costco, Coca-Cola, or Walmart?? [Yahoo! Finance]Yahoo! Finance
WMT
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- 11/20/25 - Beat
WMT
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- 1/16/26 - Form 4
- 1/16/26 - Form 4
- 1/16/26 - Form 8-K/A
- WMT's page on the SEC website