Top Walmart executive to be appointed International CEO - source
Wal-Mart Stores Inc
The role is seen by many as a stepping stone to the top job at the world`s largest retailer, with current CEO Doug McMillon and his predecessor Mike Duke having run the international unit previously.
The current International CEO David Cheesewright`s future role with the company is not immediately clear, another source said.
McKenna could take up the new job on Feb. 1, Bloomberg reported earlier, citing people familiar with the matter. https://bloom.bg/2mH0eh4
Wal-Mart`s international business reported net sales of $29.55 billion in the last reported quarter, accounting for nearly a quarter of the company`s total net sales.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.