Walmart head of online departs

Walmart (NYSE:WMT) head of marketing Brian Monahan has abruptly left the retailer to rejoin the startup he founded. His last day was April 1.

Monahan joined Walmart from NewCo., a startup he launched in San Francisco in 2012 that holds business conferences. After three years with Walmart, Monahan said he was "compelled to jump back in and help," according to Reuters. His title there is chief evangelist.

"We're thankful for the great contributions Brian made to the business and wish him the best with NewCo. We're in the process of identifying a successor," Walmart spokesman Dan Toporek said.

Monahan was in charge of Walmart's online strategy with the title of VP of marketing. But Walmart has been making changes and in December, brought in Michael Francis as a consultant to the group. Francis was a key player in developing Target's marketing in the 1990s and 2000s, and after a very brief stint as president of JCPenney under former Target colleague Ron Johnson, left for DreamWorks Animation, where he was chief global brand officer.

Online sales are a weak area for Walmart. Digital sales have slowed in the past year to just 8 percent last quarter. Tweaking this business is part of the company's strategy to refocus on its core strengths.

For more:
- see this Reuters article

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