Overview
- Effective Feb. 1, the board named David Guggina president and CEO of Walmart U.S., Chris Nicholas president and CEO of Walmart International, Latriece Watkins president and CEO of Sam’s Club U.S., and promoted Seth Dallaire to EVP and chief growth officer for Walmart Inc.
- Doug McMillon retires Jan. 31 after more than a decade, with Furner assuming the role of Walmart Inc. president and CEO on Feb. 1.
- Seth Dallaire will lead global growth platforms spanning Walmart Connect advertising, Walmart+, Walmart Data Ventures, Vizio, Sam’s Club MAP and a unified Marketplace.
- John Furner framed the reshuffle as a move to centralize shared platforms as AI reshapes retail, allowing operating segments to stay focused on customers and members.
- Walmart underscored recent e-commerce progress, noting delivery now reaches about 95% of U.S. households in under three hours, and said departing international chief Kathryn McLay will assist the transition through the first quarter.