Walmart International chief Kathryn McLay to step down after two years
Walmart said on Thursday that Kathryn McLay will step down as CEO of its Walmart International unit on January 31 but will remain with the company through the first quarter to help ensure a smooth transition.
She had been CEO of the international business for more than two years. McLay’s departure comes two months after the Bentonville, Arkansas-based retailer announced that its CEO of 12 years, Doug McMillon, would be stepping down and succeeded by US division chief John Furner.
Walmart did not name McLay’s successor. It said in the statement that her replacement would be named shortly.
