Walmart stock in the spotlight after CEO shake-up — what to watch for WMT next week
Walmart shares closed up 0.4% at $119.70 after the company unveiled a new leadership team ahead of John Furner’s Feb. 1 start as CEO. Seth Dallaire was named chief growth officer, David Guggina will lead Walmart U.S., and Chris Nicholas takes over Walmart International. Kathryn McLay will step down as head of Walmart International at the end of January. Investors await the February 19 results for more details on strategy.