US retail giant Wal-Mart Stores Inc has promoted Judith McKenna to president and CEO of Walmart International, the company’s second-largest operating segment.
Currently serving as executive vice president and COO of Walmart US, McKenna will assume her new role on 1 February, reporting to Walmart president and CEO, Doug McMillon and succeeding David Cheesewright who recently shared his desire to retire from a full-time role.
“I’ve had the pleasure to work with Judith for many years and have seen first-hand her ability to lead strategic change, build relationships with our associates and strengthen our business,” says McMillon. “It has been inspiring to see her personal growth and the results she’s driven over the years. Her integrity, high expectations and passion for the business and our associates will ensure our continued success in international.”
McKenna’s career with Walmart began in 1996 at Asda, the company’s UK operation, where she served as COO and CFO. Since then, she has also served as executive vice president of strategy and international development for Walmart International, and chief development officer for Walmart’s US division.
Cheesewright will remain with the company full time through March and then serve the company, on a limited basis, with specific projects for a longer period of time.
Walmart’s International division serves more than 100m customers every week in more than 6,200 retail units, operating outside the United States with 55 banners in 27 countries.
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