Wal-Mart Names Judith McKenna CEO of International Operations
January 17 2018 - 10:44AM
Dow Jones News
By Sarah Nassauer and Imani Moise
Wal-Mart Stores Inc. (WMT) on Wednesday said it named a new
chief executive for its international business, placing Judith
McKenna in the role as of Feb. 1.
Ms. McKenna will replace David Cheesewright, who has been with
the world's largest retailer for 19 years and recently said wanted
to retire from a full-time position. Mr. Cheesewright oversaw the
international business for four years as it struggled to stem sales
declines in the U.K. and faced a strong recession in Brazil.
Within Wal-Mart, the international CEO role is seen as a
stepping stone to potentially becoming the company's next CEO.
Current CEO Doug McMillon oversaw the company's international
operations from 2009 to 2014.
Mr. Cheesewright will serve the company on a full-time basis
through March then continue to work on specific projects on a
limited basis.
Ms. McKenna came to Wal-Mart more than 20 years ago through the
retailer's U.K. arm, Asda. She became chief operating officer for
Wal-Mart U.S., her current role, in 2014.
Write to Sarah Nassauer at sarah.nassauer@wsj.com and Imani
Moise at imani.moisew.com
(END) Dow Jones Newswires
January 17, 2018 10:29 ET (15:29 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Walmart (NYSE:WMT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Walmart (NYSE:WMT)
Historical Stock Chart
From Apr 2023 to Apr 2024