Brewer Tabbed to Lead Sam's Club
Posted on January 20, 2012 by
BENTONVILLE, Ark.-Walmart has promoted Rosalind Brewer, president of the Walmart U.S. East unit, to president and CEO of Sam's Club.
Brewer, who joined the mass merchant in 2006, is succeeding Brian Cornell, who recently told the company that he is leaving for family reasons. Brewer was named to head Walmart U.S. East last year, overseeing some 1,600 stores from Maine to Puerto Rico. Mike Duke, president and CEO of Walmart Stores, described Brewer as "a talented merchant and retailer" with "strong strategic, analytical and operational skills."
For the first nine months of the current fiscal year, ending on Oct. 28, Sam's Club logged a pickup of 9.6 percent in operating income to $1.2 billion. Net sales increased 9.5 percent to $36.3 billion, including a same-club sales gain of 9 percent.
Brewer's appointment is one of several changes to Walmart's top-level personnel. Rollin Ford, executive vice president and chief information officer, has been promoted to chief administrative officer, effective Feb. 1. Ford will be responsible for the information systems division, global sourcing, global business processes, global shared services and global customer insights.
Gisel Ruiz, executive vice president of people, has been promoted to executive vice president and chief operating officer of Walmart U.S., also effective Feb. 1. The move puts Ruiz in charge of all U.S. operations, covering about 3,800 stores and including supercenters, discount stores, Neighborhood Markets and Walmart Express formats.
Also effective Feb. 1, Karenann Terrell will assume Ford's role as chief information officer. Terrell will oversee the company's global technology systems, including stores and clubs, supply chain, merchandising and enterprise platforms.