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Walmart Appoints CEO for Sam’s Club


Following the scheduled return of Greg Foran to New Zealand, John Furner, president and CEO of Sam’s Club was appointed as CEO of Walmart U.S.  This vacancy will be filled by Kathryn McLay, currently responsible for Neighborhood Markets.  McLay joined Walmart in April 2015 with an emphasis on finance and strategy and was promoted to Senior Vice-president for the supply chain.  Prior to her affiliation with Walmart, Ms. McLay served for 14 years in various managerial positions with Woolworths Limited of Australia.


Ms. McLay will have a difficult task to build same-store sales and margins that in recent years have compared unfavorably with competitor Costco.


Copyright © 2020 Simon M. Shane