Walmart Announces New CEO For Sam’s Club, Other Management Changes
by January 20, 2012 9:56 am 105 views
Wal-Mart Stores announced a number of management changes across the company and its subsidiaries.
Current Sam’s Club President and CEO Brian Cornell, 52, recently informed the company that he and his wife would move back to the Northeast for family reasons.
With his departure, Rosalind G. Brewer, 49, is promoted to president and CEO of Sam’s Club, reporting to Walmart CEO Mike Duke, effective Feb. 1.
Brewer was most recently president of the Walmart U.S. east business unit, where she was responsible for more than $100 billion in annual revenue, representing almost 1,600 stores and more than 500,000 associates.
“Roz came to us with an outstanding background in consumer packaged goods more than five years ago,” said Duke. “During that time I have seen her develop into a talented merchant and retailer. She has strong strategic, analytical and operational skills and has successfully managed a large and complex business. I’ve also been struck by Roz’s servant leadership when I have visited stores with her. She always lets her team do the talking, with her focus being on how to better support their needs.”
Walmart also announced that Rollin Ford, 49, will be promoted to chief administrative officer (CAO) for the company, effective Feb. 1. Specific areas of responsibility include the information systems division, global sourcing, global business processes, global shared services and global customer insights. Ford was most recently the company’s chief information officer, and will continue reporting to Duke.
Gisel Ruiz, 41, will be promoted to executive vice president and chief operating officer for Walmart U.S., effective Feb. 1. In this position, she will be responsible for the company’s U.S. operations, which cover more than 3,800 stores and include Supercenters, discount stores, Neighborhood Markets and Walmart Express formats. Gisel will continue reporting to Walmart U.S. President and CEO Bill Simon and all three regional business unit presidents will report to her.
Karenann Terrell, 50, will be promoted to chief information officer for the company, effective Feb. 1. In this position she will be responsible for the company’s global technology systems including stores and clubs, supply chain, merchandising and enterprise platforms. Terrell was most recently Walmart’s assistant chief information officer and will continue reporting to Ford.