Wal-Mart Stores Inc. said Wednesday that it has named Judith McKenna chief executive of Walmart International, effective Feb. 1, 2018. She succeeds David Cheesewright who has been in the role since 2014 and has been with the company for 19 years. He has “recently shared his desire to retire from a full-time role,” according to a Wal-Mart release. He will remain in his position until March and then work on specific projects on a limited basis. McKenna is currently chief operating officer for Walmart U.S. She began working with Wal-Mart’s Asda unit in 1996 as chief operating officer and chief financial officer. Walmart International has more than 6,200 retail units in 27 countries. Wal-Mart shares are up more than 47% for the past 12 months while the Dow Jones Industrial Average is up 30.1% for the period.
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