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00:02Two top Walmart executives are departing the company months after CEO John Furner took over,
00:08according to CNBC. Tom Ward, chief operating officer of Sam's Club, is retiring, and Cedric
00:14Clark, executive vice president of U.S. Store Operations, is leaving. A replacement for Clark
00:19is expected to be announced in the coming weeks, while a timeline for filling Ward's position is
00:24unclear. Furner became Walmart's CEO in February, prompting a broader leadership overhaul. The
00:31company elevated four new top executives, Seth Dallaire as chief growth officer, David Gugina as
00:37CEO of Walmart U.S., Chris Nicholas as CEO of Walmart International, and Latrice Watkins as CEO of Sam's
00:45Club. Walmart posted mixed fiscal first quarter earnings Thursday. The changes were first reported
00:51by the Wall Street Journal. For all things money, visit Benzinga.com.
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