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Walmart names John Furner CEO of Walmart U.S.



BENTONVILLE, Ark .– ( BUSINESS WIRE ) – Today, Walmart announced that John Furner will become President and CEO of Walmart US, after successful five years for the Greg Foran business area. Furner will report directly to Walmart President and CEO Doug McMillon, and the transition will take effect Nov. 1. The front, taking on the role of CEO of Air New Zealand Limited, will continue with Walmart through January 31 to ensure a smooth transition.

"John has done a fantastic job at Sam's Club, and he wants to continue the momentum we have in Walmart U.S.," McMillon said. "John knows our business well, having had many different jobs in the company for more than 25 years, and he is helping to transform it for the future. He has the experience and judgment to know what we should continue to do and what we He should embrace technology and new ways of working, keeping our customers and Sam's Club members at the center of everything we do, while delivering business results, and I look forward to seeing its impact our customers and affiliates in Walmart US ”

Furner, 45, started with Walmart as an hourly manager in 1

993, working part-time in the garden center for a super center. He worked his way up through a number of leadership roles in the front line, and later became store manager, district manager and buyer. He has held leadership roles in operations, merchandising and sourcing in Walmart U.S., Sam's Club and Walmart International, where he served in Walmart China as Head of Merchandising and Marketing. Prior to becoming Sam's Club CEO in 2017, he was chief commercial officer for Sam's Club. Furner will partner with Walmart U.S. e-commerce manager Marc Lore, who also reports to McMillon, to deliver a seamless omnichannel experience for Walmart's US customers.

"I am grateful for this opportunity and ready to get started," Furner said. "There is no better place than Walmart USA to touch the lives of millions of customers and affiliates. Together with the team, we will build on the progress under Greg's leadership and continue to make Walmart an even better place to work and shop. I want to also thank Sam's Club team. My years with you have been amazing. "

"Greg Foran has made a big difference to Walmart, and we are grateful." So McMillon. "He built a strong plan from the beginning to strengthen the US business – a plan that made significant choices around investing in salaries and benefits for affiliates and investing in cost to customers. Greg's ability to innovate, whether it's doing our stores for a competitive advantage in an omnichannel environment or equipping them with the next generation of technology and education have helped position us for the future. He is the same in China. We want to miss Greg and thank him for his leadership. He has made a difference for our customers, affiliates and shareholders. "

In front, Walmart leaves for an opportunity to lead Air New Zealand Limited. He has served as CEO of Walmart U.S. since August 2014, and he first joined Walmart in October 2011.

"It has been an honor to lead the Walmart U.S. team," said Foran. "I am proud of what we have managed to achieve in a unique moment for retail and would like to thank the colleagues who made it happen. It is bittersweet to leave Walmart, but this incredible opportunity to lead an iconic Kiwi brand was one I couldn't give up, and I'm looking forward to this next chapter. "

The company will announce Viner's successor as president and CEO of Sam's Club at a later date.

About Walmart

Walmart Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in stores, online and through their mobile devices. Every week, over 275 million customers and members visit our more than 11,300 stores under 58 banners in 27 countries and e-commerce sites. With revenues of $ 514.4 billion for the 2019 financial year, Walmart employs over 2.2 million affiliates worldwide. Walmart continues to be a leader in sustainability, philanthropy and employment opportunities. Further information about Walmart can be found by visiting http://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart .


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