logo
Share SHARE
FONT-SIZE Plus   Neg

Wal-Mart Promotes Rosalind Brewer To President And CEO Of Sam's Club

Wal-Mart Stores Inc. (WMT) announced a number of changes across the business. The company said that it promoted Rosalind Brewer, 49, to president and Chief Executive Officer of Sam's Club, effective February 1.

CurrentSam's ClubPresident and Chief Executive Officer Brian Cornell,52, recently informed the company that he would resign from the company.

Most recently, Brewer was president of the Walmart U.S. east business unit. Prior to Walmart, Brewer worked for Kimberly-Clark, progressing through various positions and eventually becoming president of a key business sector in 2004. She is a director of the Lockheed Martin Corp.(LMT) and currently serves as Chair of the Board of Trustees at her alma mater Spelman College.

In addition, Rollin Ford, 49, is promoted to chief administrative officer for the company, effective February 1. ?Ford was most recently the company's chief information officer.Ford joined Walmart in 1983 as an hourly associate in logistics network and has held many positions over the years.

Gisel Ruiz, 41, is promoted to executive vice president and chief operating officer for Walmart U.S., effective February 1. Ruiz was most recently executive vice president of People for Walmart U.S. where she was responsible for the human resources and store innovation organizations supporting more than 1.2 million associates.

Karenann Terrell, 50, has been promoted to chief information officer for the company, effective February 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Automotive parts retailer AutoZone, Inc. on Tuesday reported a 6 percent increase in profit for the third quarter from last year, reflecting growth in sales and higher inventory on new store openings. However, both revenue and earnings per share for the quarter missed analysts' expectations. Toll Brothers, Inc. (TOL), the nation's leading builder of luxury homes, reported second-quarter net income of $89.1 million, or $0.51 per share, compared to $67.9 million, or $0.37 per share, prior year. Pre-tax income increased to $140.4 million from $86.5 million. On average, 18 analysts polled by... German conglomerate Bayer AG said it has made an all-cash offer to acquire U.S. competitor Monsanto for $122 per share or an aggregate value of $62 billion. Bayer expects the deal to reinforce it as a Life Science company with a deepened position. Responding to recent media reports, agricultural products giant Monsanto recently had disclosed that it had received an unsolicited proposal from Bayer.
comments powered by Disqus
Follow RTT