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Form 8-K · Current Report · Filed 2026-01-16

Walmart Announces Key Executive Changes

Walmart Inc. announced significant executive changes on January 16, 2026. Kathryn McLay will depart as President and CEO of Walmart International, with a transition period until April 30, 2026. David Guggina is appointed Executive Vice President, President, and CEO of Walmart U.S., effective February 1, 2026. Christopher Nicholas is appointed Executive Vice President, President, and CEO of Walmart International, and Latriece Watkins is appointed Executive Vice President, President, and CEO of Sam's Club U.S., both effective as of the same date. Compensation changes and non-competition agreements were also approved for these executives.

Filer
Walmart Inc. WMT · NYSE
Filed
Accession
0000104169-26-000023
CIK
0000104169
Signal
High impactConsumer Defensive

Items reported

Item events

Reported Item

CEO Resignation New CEO Appointed Key Executive Appointment Executive Compensation Detail

Market reaction

Close before filing

$119.20

Next session

-0.4%

Since filing

-6.7%

Latest close

$111.20

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from WMT reporting the same item, with the next session's move:

About Walmart Inc.

Walmart Inc., a multinational retail corporation, operates a chain of hypermarkets, discount department stores, and grocery stores. Founded in 1962 and headquartered in Bentonville, Arkansas, Walmart is one of the world's largest companies by revenue, serving millions of customers globally each week. The primary function of Walmart is to provide a wide array of goods at competitive prices, ranging from groceries and apparel to electronics and home goods. With a diverse selection of products, Walmart caters to the needs of various demographics, including individual consumers and families. Renowned for its logistics and supply chain efficiencies, Walmart has played a pivotal role in shaping retail industry standards. The company’s innovations in inventory management and procurement have significantly impacted sectors such as logistics, agriculture, and manufacturing. Through its extensive network of retail locations and e-commerce platforms, Walmart has continuously influenced consumer buying habits and retail operations. By maintaining a focus on cost leadership and customer-centric strategies, Walmart holds a significant position in the global retail market.

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