WMT Walmart Inc

By Michael Dabaie

Walmart Inc. (WMT) said it named Kathryn McLay as president and chief executive of its Sam's Club division, effective Friday.

Ms. McLay has since February served as executive vice president, Walmart U.S. Neighborhood Markets.

Ms. McLay originally joined Walmart in April 2015 as vice president of U.S. finance and strategy. She was promoted to senior vice president, U.S. supply chain in December 2015. Prior to joining the Company, Ms. McLay served for 14 years in a variety of strategic, finance, and supply chain roles at Australian retailer Woolworths Group Ltd. (WOW.AU), Walmart said.

Ms. McLay's annual base salary will be $780,000 and she will continue to be eligible for an annual cash incentive under the company's Management Incentive Plan, Walmart said in a Securities and Exchange Commission filing.

Walmart said in October it named John Furner, who was president and chief executive of Sam's Club, as chief executive of Walmart U.S.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

November 15, 2019 10:45 ET (15:45 GMT)

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