Wal-Mart Stores has named Judith McKenna as president and chief executive officer (CEO) of Walmart International, the company’s second-largest operating segment. She succeeds David Cheesewright, who has been in role since 2014 and recently shared his desire to retire from a full-time role. McKenna will assume her new role on February 1, 2018.
She will report to Walmart president and CEO, Doug McMillon.
McKenna is currently serving as executive vice president and chief operating officer (COO) for Walmart US.
“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 honour, 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 UK 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 US 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 US with responsibilities for the company’s US store operations, including more than 4,500 retail locations. (SV)
Fibre2Fashion News Desk – India