Walmart announced a significant executive leadership reorganization effective February 1, 2026. The changes precede incoming President and CEO John Furner succeeding Doug McMillon.
David Guggina will serve as President and CEO of Walmart U.S. Chris Nicholas becomes President and CEO of Walmart International. Latriece Watkins is named President and CEO of Sam's Club U.S. Furthermore, Seth Dallaire has been promoted to EVP and Chief Growth Officer for Walmart Inc.
All promotions are internal, a fact Furner stated reflects the company’s culture of opportunity and leadership depth. The reshuffle aims to centralize platforms and accelerate shared capabilities. This strategy, driven by artificial intelligence reshaping the retail landscape, allows operating segments to focus more intensely on customers.
No market reaction is currently available. The announcement was made after market close on a Friday preceding a public holiday.