Chris Nicholas, currently president and CEO of Sam’s Club U.S., will succeed Kath McLay as president and CEO of Walmart International. Previously he served as chief operating officer for Walmart U.S. with responsibility for all aspects of Walmart’s U.S. store operations and supply chain. Earlier, he served as chief financial officer for Walmart U.S. and chief financial officer for Walmart International. “Nicholas grew up in retail, he’s a proven operator and has significant international experience, having ...

Executive Changes - Walmart announced significant executive changes, promoting David Guggina to president and CEO of Walmart U.S. and Latriece Watkins to president and CEO of Sam's Club U.S. [1] - Seth Dallaire was appointed as executive VP and chief growth officer for Walmart Inc. after serving in the same role at Walmart U.S. [1] Leadership Transition - Kathryn McLay, president and CEO of Walmart International, will step down at the end of the month, with Chris Nicholas succeeding her [2][5] - John Furner, the incoming president and CEO of Walmart, emphasized that these promotions reflect the company's culture of opportunity and strong leadership [2] Focus on Innovation - The leadership changes are partly driven by the rapid impact of artificial intelligence on retail, prompting Walmart to centralize its platforms for enhanced capabilities [3] - The new leadership team includes individuals with backgrounds from outside traditional retail, aiming to foster innovation while maintaining operational excellence [4] Executive Backgrounds - Guggina's experience in ecommerce and supply chain operations positions him well to drive Walmart's growth strategy [8][9] - Watkins has a long history with Walmart, having started as an intern in 1997 and held various leadership roles [9] - Nicholas previously served as COO of Walmart U.S. and has extensive financial experience within the company [10] Strategic Goals - Dallaire's new role will encompass global enterprise platforms, including Walmart Connect, Walmart+, and the global Marketplace platform, indicating a strategic focus on expanding revenue streams [10]

Core Insights - Walmart Inc. has elected new leaders to its Executive Council, with John Furner appointed as the new President and CEO, aiming to drive innovation and adapt to the evolving retail landscape [1][2] Leadership Changes - Seth Dallaire has been promoted to EVP and Chief Growth Officer for Walmart Inc., responsible for global enterprise platforms including digital advertising and Walmart+ [4] - David Guggina will become President and CEO of Walmart U.S., recognized for building industry-leading delivery capabilities serving 95% of U.S. households in under three hours [4] - Chris Nicholas is appointed as President and CEO of Walmart International, bringing extensive international experience and a strong operational background [4] - Latrice Watkins has been named President and CEO of Sam's Club U.S., with a history of reshaping Walmart's assortment strategy and driving operational excellence [4] Company Overview - Walmart Inc. operates as a tech-powered omnichannel retailer, serving approximately 270 million customers weekly across over 10,750 stores and various eCommerce platforms in 19 countries [3] - The company reported fiscal year 2025 revenue of $681 billion and employs around 2.1 million associates globally [3]