Walmart shakes up merchandising team

Walmart (NYSE:WMT) has shaken up its merchandising team as more than a dozen executives find themselves in new roles and new CEO Doug McMillon seeks to create alignment around new priorities.  

The retailer has named 13 executives to new roles in U.S merchandising operations.

Scott Huff is being promoted to executive VP overseeing merchandising operations for the U.S., according to a company memo sent by U.S. Chief Merchandising Officer Duncan Mac Naughton and obtained by Bloomberg. Seven of the 13 executives named are women.
The goal is to accelerate growth and boost efficiency as Walmart tries to improve sales at existing stores, especially the retailer's U.S. supercenters where sales have slowed. While the company is squarely focused on growing its small store base, there are more than 3,330 supercenters in the U.S. in need of new life.

In other merchandising changes, Michelle Gloeckler will become executive VP of consumables and U.S. manufacturing, while John Aden was named executive VP of sales and innovation for U.S. stores. Aden previously oversaw merchandise services. Seven of the 13 executive appointments are women.

"We continue to talk about the changing customer, recognizing their needs and more efficiently serving them," Mac Naughton said. "These moves provide a more specialized service to our customers, while also creating better alignment and a greater visibility across our business."

This is the latest in a series of executive changes at Walmart. Yesterday, Walmart named Dirk Van den Berghe as president and CEO of Walmart Canada and earlier this month promoted Shelley Broader, formerly president and CEO of Walmart Canada, to executive VP, president and CEO of Walmart EMEA.

For more:
-See this Bloomberg story

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