Walmart International CEO Kathryn McLay Departing

Details

As per the separation agreement dated January 28, 2026, McLay will receive a total of $2,820,000 in payments over two years, with the immediate vesting of 24,051 restricted shares of Walmart's common stock. She will forfeit all unvested equity and is prohibited from competing with Walmart and soliciting its associates for two years and six months, respectively, post-departure.

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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.