Walmart confirmed that Kathryn McLay, who has led its International division since 2023, will exit the company at the end of the first quarter, remaining through January 31 to facilitate a smooth handover. McLay oversaw operations in 19 countries that together generate over $100 billion in annual revenue and have driven 6% year-over-year growth across non-U.S. markets. Reporting to incoming CEO John Furner, McLay implemented new inventory-management systems that reduced out-of-stock rates by 15% in the last 12 months. Her successor, Chris Nicholas—currently CEO of Sam’s Club U.S.—brings more than 20 years of international experience, having lived and worked in over ten markets and previously served as CFO for both Walmart U.S. and Walmart International.

Effective February 1, 2026, Walmart will realign its executive council to accelerate AI-powered retail initiatives under incoming CEO John Furner. Senior vice president Seth Dallaire is elevated to enterprise EVP and Chief Growth Officer, expanding his remit from U.S. digital advertising and marketplace platforms to global oversight of Walmart Connect, Walmart+, Vizio, Sam’s Club MAP and the company’s marketplace. David Guggina, formerly U.S. EVP and Chief eCommerce Officer, will succeed Furner as President and CEO of Walmart U.S., charged with scaling industry-leading three-hour delivery to 100% of U.S. households. Latriece Watkins, who redesigned the Walmart U.S. assortment strategy and drove a 12% lift in same-store sales over two years, will assume the role of President and CEO of Sam’s Club U.S. These moves are designed to centralize shared AI platforms while empowering regional teams to focus on customer-facing innovation.