Wal-Mart's U.S. COO Set to Oversee International Operations
January 16 2018 - 6:21PM
Dow Jones News
By Sarah Nassauer
Wal-Mart Stores Inc. plans to name a new chief executive for its
international business, placing Judith McKenna in the role as of
Feb. 1, according to a person familiar with the situation.
Ms. McKenna will replace David Cheesewright, who oversaw the
business for four years at a time it struggled to stem sales
declines in the U.K. and faced an strong recession in Brazil.
Within Wal-Mart, the international CEO role is seen as a
stepping stone to potentially becoming the company's next chief
executive. Current CEO Doug McMillon oversaw the company's
international operations from 2009 to 2014.
Ms. McKenna came to Wal-Mart more than 20 years ago through the
retailer's U.K. arm, Asda. She became chief operating officer for
Wal-Mart U.S., her current role, in 2014.
The looming appointment was earlier reported by Bloomberg.
(END) Dow Jones Newswires
January 16, 2018 19:06 ET (00:06 GMT)
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