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WMT

Walmart CEO Kathryn McLay Steps Down

Walmart Inc. (Nasdaq: WMT) has announced the departure of Kathryn McLay, the President and CEO of Walmart International. During her tenure, McLay led a growth agenda that resulted in strong top* and bottom-line results, advanced digital and technology transformation, and strengthened the leadership team. Under her leadership, Walmart International saw significant progress.

Before her role at Walmart International, McLay served as the President and CEO of Sam’s Club U.S., where she and her team achieved 12 consecutive quarters of double-digit sales growth. During her time at Sam's Club, she focused on improving merchandise quality, expanding omnichannel capabilities, and guiding the business through the challenges posed by the pandemic.

Walmart Inc. reported fiscal year 2025 revenue of $681 billion and employs approximately 2.1 million associates worldwide. The company continues to be a leader in sustainability, corporate philanthropy, and employment opportunities.

McLay's successor will be named shortly, and Walmart expressed gratitude for her positive impact on the business during her tenure.

These changes come at a time when Walmart continues to be a people-led, tech-powered omnichannel retailer, serving approximately 270 million customers and members who visit more than 10,750 stores and numerous eCommerce websites in 19 countries each week. Today the company's shares have moved 0.12% to a price of $111.74. If you want to know more, read the company's complete 8-K report here.

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