Sam's Club CEO Brewer to step down

front of a large sam's club store
Rosalind Brewer was the company's first female African-American CEO.

Walmart announced that Sam's Club CEO Rosalind Brewer will step down next month. Brewer, after a five-year stretch, was the longest serving CEO for the wholesale chain and the first female African-American CEO at the company. She will be replaced by Sam's Club's current chief merchant, John Furner. (Pymnts)