Walmart International has named Judith McKenna as its new president and chief executive replacing David Cheesewright who is stepping down from a full-time position.
McKenna, who is promoted from chief operating officer, has previously worked as chief operating officer and chief financial officer at Asda, as well as other senior positions during a 20-year career at the company.
She will take on her new role from 1 February, reporting to Walmart president and chief executive Doug McMillon.
Cheesewright has been in the role since 2014, and will remain with the company full time through March and then on a limited basis with specific projects for a longer period of time.
McMillon said: “During his 19 years with the company, David has served in a number of key leadership roles in our company. He has built a reputation as an insightful strategic thinker with a track record of delivering consistent, profitable growth.
“I’ve had the pleasure to work with Judith for many years and have seen first-hand her ability to lead strategic change, build relationships with our associates and strengthen our business. It has been inspiring to see her personal growth and the results she’s driven over the years. Her integrity, high expectations and passion for the business and our associates will ensure our continued success in International.”
McKenna said: “Being chosen to lead Walmart International truly is an honor, and I can’t think of a more exciting time to be in this part of the business. I look forward to building upon our progress to improve the experience for our customers and associates around the world.”