10/11/2019, 12:14 AM (Source: TeleTrader)
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Furner becomes Walmart US CEO

John Furner was named president and CEO of Walmart US as of November 1, Walmart announced.

Furner is taking over from Greg Foran who will stay at the company until the end of January to help with the transition period. Foran will then move on to become the head of Air New Zealand.

The new US CEO has been at Walmart since 1993 and started leading Sam's Club in 2017. Furner will be reporting directly to Walmart CEO Doug McMillon.

Breaking the News / VP