Walmart Tabs McKenna to Lead U.S. Small-Format Sector
BENTONVILLE, Ark.-Judith McKenna, currently executive vice president of strategy and international development for Walmart International, will become chief development officer of Walmart U.S. on June 1.
When McKenna assumes her new role, she will lead the strategy, development and growth of the retailer's small-format business, according to an internal Walmart memo obtained by HFN. This will include the development of new formats and the integration of digital commerce into existing formats. She will report to Bill Simon, president and CEO of Walmart U.S.
McKenna has been with Walmart since 1999, when Walmart acquired British general merchandise retailer Asda. She served at Asda, in the posts of chief financial officer and chief operating officer, until she was named to her current post in 2013.
When she takes on her new responsibilities, McKenna will be succeeded by Scott Price, currently president and CEO of Walmart Asia. Price will oversee strategy, real estate, mergers and acquisitions, integration and purchase leverage, and report to David Cheesewright, president and CEO of Walmart International.
Price will be succeeded in his current role by Greg Foran, currently president and CEO of Walmart China, who will also report to Cheesewright. Foran's post will be taken by Sean Clarke, currently chief operating officer of Walmart China, who will report to Foran when he assumes the presidency of Walmart China.