Walmart leadership shake-up as two top executives exit under Furner
Two Walmart executives are departing: Sam’s Club COO Tom Ward is retiring and Cedric Clark, EVP of U.S. store operations, is leaving, with Clark’s successor to be named soon and Ward’s replacement not yet determined. The moves come about four months after John Furner became CEO, amid a broader leadership refresh that included four new top executives to drive growth; Walmart reported mixed first-quarter results but said its business remains strong despite consumer pressures and high gas prices.