Wal-Mart Stores Inc. of Bentonville said Tuesday that David Cheesewright will be promoted to president and CEO of Walmart International.
Cheesewright, 51, will be the successor to Doug McMillon who was named Nov. 25 as the company’s president and CEO.
Both assume their new roles on Feb. 1. Cheesewright’s successor will be named at a later date.
“David will lead the division at an exciting time,” McMillon said in a news release. “We have strengthened our business and gained market share in the majority of our international markets, and he had a key role in that success. He brings a wealth of experience and a proven track record of innovation and governance." [ MORE ]