Walmart names insider David Guggina as US CEO amid leadership shuffle
- On February 1, 2026, Walmart Inc.'s incoming President and CEO John Furner takes the helm, triggering a C-suite shakeup promoting four executives.
- As AI reshapes retail, Furner says the restructure organizes Walmart Inc. for the future by centralizing platforms to accelerate shared capabilities and free operating segments.
- Seth Dallaire is elevated to EVP and Chief Growth Officer for Walmart Inc., David Guggina will succeed Furner as President and CEO of Walmart U.S., and Chris Nicholas moves to lead Walmart International while Latriece Watkins assumes Sam's Club U.S. leadership.
- Walmart Inc. shares were flat on Friday amid the announcement, and John Furner's base salary is $1.5 million with a one-time $10 million award plus about $17 million in annual equity, per a SEC filing.
- At the NRF show on Sunday, executives previewed a consumer experience inside Google's AI chatbot Gemini and earlier this month added Shishir Mehrotra, with over 25 years tech experience, to Walmart's board.
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Meet the Sam’s Club CEO tasked with taking on Costco
Meet the new CEO of Sam’s Club: Latriece Watkins. As you’ll hear from my interview with Watkins on the January 15 episode of Fast Company’s Most Innovative Companies podcast, she is a Walmart veteran who began her career in the real estate division in 2006. Over the next two decades, she rose up through the ranks to become Walmart’s chief merchant in 2023. With responsibility for choosing the $500 billion worth of products Walmart sells every ye…
Walmart announces changes in Executive Council
BENTONVILLE, Ark. (KNWA/KFTA) -- Four Walmart executives are shifting into new roles according to a news release from the company. The four executives - three executive vice presidents and one president/CEO - will move into their new positions on Feb. 1. Those changes include: Executive Vice President and Chief Growth Officer for Walmart U.S., Seth [...]
Walmart names new US chief, group heads ahead of CEO change
Jaewon Kang (Bloomberg) — Walmart Inc. appointed new heads for its three main divisions, completing a leadership refresh at the world’s largest retailer. David Guggina, chief e-commerce officer of Walmart US, is being promoted to chief executive officer of the division — the company’s biggest and most important business — according to a statement. He’s assuming the spot that’s being vacated by John Furner, who is replacing the outgoing Doug McMi…
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