Walmart says two top U.S. executives to leave
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© Reuters. FILEPHOTO: This is a Walmart sign inside its West Haven store. It was taken on February 17, 2021. REUTERS/Mike Segar/File Photo(Reuters) – Walmart (NYSE) Inc announced Friday that Scott McCall will be retiring as Chief Merchandising Officer for its U.S. division and would hand over the reins to Charles Redfield, the grocery chief, in an effort to capitalise on the successes it has made since the pandemic.
Redfield has been the U.S.’s grocery industry leader for the last six years and will now take over the job, an internal memo said.
Redfield was previously the chief merchandising officer at ASDA (a UK grocery store in which the U.S. retailer has a minority share) and at Sam’s Club’s warehouse club, according to a memo from John Furner, U.S. Chief executive.
This leadership transition comes just two months after Walmart announced better US third quarter sales than the market expected and increased its profit and annual sales forecasts.
The positive outlook came amid an increase in food and household goods demand due to the pandemic. It also benefited from a boost from online sales, which rose 8% (or 87%) from pre-pandemic levels.
The memo stated that McCall has worked for Walmart almost 30 years and will now work alongside Chris Nicholas, U.S. operations chief, to improve inventory management. He is expected to retire in the near future.
Bentonville-based Janey Whiteside, Chief Customer Officer at the company, said she will be leaving in March to “start her next chapter with her family in New York.”
Whiteside was appointed the first chief customer officer of the company in 2018.
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