Two top Walmart executives leave company under new CEO John Furner | Exclusive | Senior Walmart E…


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Explore the latest developments concerning Two top Walmart.

Two top Walmart executives leave company under new CEO John Furner

Two top Walmart executives are departing the company, nearly four months after CEO John Furner took over, CNBC learned on Friday.

Tom Ward, the chief operating officer of Walmart's warehouse Sam's Club, is retiring, while Cedric Clark, Walmart's executive vice president of U.S. store operations, is leaving the business, internal memos viewed by CNBC shows. 

A replacement for Clark is expected to be announced in the "coming weeks," the memo stated. It's unclear when the company expects to fill Ward's position. 

The leadership shuffle comes after Furner took over as Walmart's CEO in February. Alongside Furner's promotion, the company elevated four new top executives to work alongside him earlier this year. Seth Dallaire was promoted to chief growth officer, overseeing the company's marketplace and advertising businesses, David Guggina was elevated to CEO of Walmart U.S., Chris Nicholas became CEO of Walmart International and Latriece Watkins became CEO of Sam's Club. 

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