Walmart has announced a leadership change as Judith McKenna retires after two decades.
- Kath McLay, who joined Walmart in 2015, succeeds McKenna as the new international CEO.
- McLay has a successful track record as president and CEO of Sam’s Club US.
- Chris Nicholas is appointed the new president and CEO of Sam’s Club.
- Judith McKenna played a vital role in Walmart’s transformation into an omnichannel business.
Walmart has announced a significant leadership transition with the retirement of Judith McKenna, the international president and chief executive officer, after more than twenty years with the US retail giant. McKenna has been instrumental in shaping Walmart’s international operations, covering 19 countries including China.
Succeeding her is Kath McLay, who joined Walmart in 2015. As the president and CEO of Sam’s Club US, McLay led the business to achieve twelve consecutive quarters of double-digit sales growth by focusing on enhancing merchandise quality and advancing Walmart’s omnichannel capabilities.
Chris Nicholas is set to take over McLay’s previous role as the new president and chief executive of Sam’s Club. His appointment aligns with Walmart’s strategy to continue driving growth and innovation within its various business segments.
During her tenure, McKenna made significant contributions to Walmart’s global business. She started as chief financial officer in the UK, later becoming the chief operating officer of Asda, where she played a crucial role in the company’s shift towards omnichannel retailing.
McKenna will officially step down on September 11 but will stay on until January to facilitate a smooth leadership transition. Doug McMillon, Walmart’s president and CEO, acknowledged her impact and expressed appreciation for her dedicated service.
Walmart’s strategic leadership changes aim to maintain its competitive edge and drive future growth.
