Judith McKenna Named President and CEO of Walmart International
January 17 2018 - 9:04AM
Business Wire
Wal-Mart Stores Inc. (NYSE: WMT) announced today that Judith
McKenna will be promoted to President and Chief Executive Officer
(CEO) of Walmart International, the company’s second-largest
operating segment. She will be succeeding David Cheesewright, who
has been in role since 2014 and recently shared his desire to
retire from a full-time role.
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Judith McKenna Named President and CEO of
Walmart International (Photo: Business Wire)
McKenna, currently serving as Executive Vice President and Chief
Operating Officer (COO) for Walmart U.S., will assume her new role
on Feb. 1, 2018, and report to Walmart President and CEO, Doug
McMillon.
“During his 19 years with the company, David has served in a
number of key leadership roles in our company. He has built a
reputation as an insightful strategic thinker with a track record
of delivering consistent, profitable growth. He has been
instrumental in strengthening our business across the globe. He’s a
passionate advocate for our people, culture and purpose around the
world,” McMillon said.
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.
“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. 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,” said McMillon.
“Being chosen to lead Walmart International truly is an honor,
and I can’t think of a more exciting time to be in this part of the
business,” said McKenna. “I look forward to building upon our
progress to improve the experience for our customers and associates
around the world.”
McKenna’s career with Walmart began in 1996 at Asda, the
company’s U.K. operation, where she served as Chief Operating
Officer and Chief Financial Officer. McKenna also served as
Executive Vice President of Strategy and International Development
for Walmart International. There, she led several areas, including
international strategy, real estate, mergers and acquisitions,
integration, global format development and purchase leverage.
Upon moving to the Walmart U.S. division in April 2014, McKenna
served as the business unit’s Chief Development Officer, where she
led the strategy, development and growth of Walmart’s small format
business and the partnership with Walmart.com to integrate digital
commerce into the physical store presence. Several months later she
was promoted to her expanded role as Executive Vice President and
Chief Operating Officer for Walmart U.S. with responsibilities for
the company’s U.S. store operations, including more than 4,500
retail locations.
Walmart’s International division serves more than 100 million
customers every week in more than 6,200 retail units, operating
outside the United States with 55 banners in 27 countries.
NOTE: A bio and high resolution photos for download of Judith
McKenna are available
at: http://corporate.walmart.com.
About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world
save money and live better - anytime and anywhere - in retail
stores, online, and through their mobile devices. The company’s
legal name will become Walmart Inc., effective on Feb. 1, 2018, to
reflect its growing status as an omni-channel retailer. Each week,
over 260 million customers and members visit our more than 11,600
stores under nearly 60 banners in 28 countries and eCommerce
websites. With fiscal year 2017 revenue of $485.9 billion, Walmart
employs approximately 2.3 million associates worldwide. Walmart
continues to be a leader in sustainability, corporate philanthropy
and employment opportunity. Additional information about Walmart
can be found by visiting http://corporate.walmart.com, on Facebook
at http://facebook.com/walmart and on Twitter at
http://twitter.com/walmart.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180117005826/en/
Walmart Media RelationsMarilee McInnis,
1-800-331-0085marilee.mcinnis@walmart.com
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