Consumer

Walmart Names New US Chief, Group Heads Ahead of CEO Change

A Walmart store in San Leandro, California.

Photographer: David Paul Morris/Bloomberg

Walmart Inc. appointed new heads for its three main divisions, completing a leadership refresh at the world’s largest retailer.

David Guggina, chief e-commerce officer of Walmart US, is being promoted to chief executive officer of the division — the company’s biggest and most important business — according to a statementBloomberg Terminal. He’s assuming the spot that’s being vacated by John Furner, who is replacing the outgoing Doug McMillon as CEO of the entire company.