By Luke Tugby2019-10-11T06:27:00
The boss of Walmart’s core US business Greg Foran is stepping down after eight years with the retail titan.
Foran is leaving to become the boss of Air New Zealand and will be replaced by the head of Walmart’s Sam’s Club business, John Furner. He will report directly in to group chief executive Doug McMillion.
The changes will take hold from November 1, although Foran will remain with Walmart until January 31 “to ensure a smooth transition”, it said.
Foran joined Walmart in October 2011 and has served as chief executive of Walmart US since August 2014, playing a crucial role in the retailer’s digital transformation strategy.
He presided over like-for-like sales growth during every quarter that he was at the helm of the division.
Please sign in now if you have a subscription
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.