Two top Walmart executives leave company under new CEO John Furner
Two senior Walmart leaders, including the US chief operating officer and the head of international, are leaving the world's largest retailer under recently appointed Chief Executive John Furner. CNBC reports the departures are the first major executive reshuffle after the Doug McMillon succession.
Walmart's US chief operating officer Dacona Smith and international Chief Executive Kathryn McLay are leaving the company, according to an internal memo cited by CNBC. The announcement comes roughly six months after John Furner took over as group Chief Executive from Doug McMillon.
Furner, in his note to staff, praised the departing executives for 'years of significant contributions' to the retailer. Wall Street Journal reporting suggests Walmart is realigning the executive bench to match priorities in groceries, e-commerce and AI-driven supply-chain automation.
The reshuffle lands as elevated US petrol prices squeeze household budgets and Walmart has kept its full-year sales guidance cautious. The company said replacement appointments will be announced in the coming weeks.
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