Walmart executives depart under CEO John Furner
A Walmart store is seen in Austin, Texas, on February 3, 2026.
Brandon Bell | Getty Images
two top Walmart Executives are leaving the company about four months after CEO John Furner took over, CNBC reported Friday.
Tom Ward, chief operating officer of Walmart’s warehouse Sam’s Club, is retiring, while Cedric Clark, Walmart’s vice president of U.S. store operations, is also leaving, internal memos appeared on CNBC shows.
Clark’s replacement is expected to be announced “in the coming weeks,” the memo said. It’s unclear when the company expects to fill Ward’s position.
The leadership change comes after Furner took over as CEO of Walmart in February. Along with Furner’s promotion, the company hired four new senior executives to work alongside him earlier this year. Seth Dallaire was promoted to chief growth officer, overseeing the company’s marketplace and advertising businesses, David Guggina became CEO of Walmart US, Chris Nicholas became CEO of Walmart International, and Latriece Watkins became CEO of Sam’s Club.
Furner takes over the largest U.S. retailer during a period of sustained growth fueled by gains from high-income consumers and the expansion of its e-commerce business.
Walmart reported fiscal first-quarter earnings on Thursday; It posted mixed results and said its business remained strong despite consumer pressures and higher gas prices.
Leadership changes reported for the first time Wall Street Magazine.
