Walmart has announced leadership transitions as Judith McKenna retires after over 20 years, appointing Kath McLay as the new International CEO.
- Judith McKenna steps down after a distinguished career at Walmart, significantly contributing to its transformation into an omnichannel enterprise.
- Kath McLay, previously head of Sam’s Club USA, known for achieving consistent sales growth, will now oversee Walmart’s international ventures.
- Chris Nicholas is appointed as the new CEO of Sam’s Club, following McLay’s transition to her new role.
- Doug McMillon, Walmart’s President and CEO, recognises McKenna’s pivotal role and contributions to the company’s international expansion.
Judith McKenna, who announced her retirement after more than two decades with Walmart, leaves a remarkable legacy. Her journey saw her rise from the position of Chief Financial Officer for Walmart’s UK business to Chief Operating Officer of Asda, where she played a crucial role in Walmart’s transition to an omnichannel business model. This strategic transformation was instrumental in addressing early challenges like the decline in online revenues experienced in 2021.
Following McKenna’s departure, Kath McLay will assume the role of Walmart International CEO, effective September 11. McLay’s tenure at Sam’s Club USA is marked by 12 consecutive quarters of double-digit sales growth, a testament to her strategic leadership and ability to enhance merchandise quality. With her new appointment, McLay will oversee operations in 19 countries, including significant markets such as China.
McKenna’s contributions are celebrated at the highest levels within the company. Doug McMillon, President and CEO of Walmart, expressed deep gratitude for her influence and accomplishments within the organisation. McKenna’s leadership was pivotal to Walmart’s expansion and adaptation to changing market demands, providing a strong foundation for future growth under new leadership.
At the same time, Chris Nicholas steps into the role of President and CEO of Sam’s Club, following McLay’s transition. This shift in leadership highlights Walmart’s commitment to sustaining its growth trajectory and adapting to the evolving global retail landscape.
Doug McMillon’s acknowledgment of McKenna’s impactful career at Walmart underscores the importance of strategic leadership in an increasingly competitive market. McKenna’s efforts ensured the company remained responsive to both local and international market dynamics, paving the way for sustained success.
Judith McKenna’s retirement marks the end of a transformative era at Walmart, ushering in new leadership to continue driving the company’s global vision.
