BENTONVILLE, AR
Wal-Mart has announced another shakeup of its top executives, including a few departures from the company. All signs indicate that Wal-Mart is looking to tighten up its operations team.
Mike Moore, EVP of the smaller-sized Neighborhood Market store division, has been promoted to EVP of the much larger Supercenter division. According to Forbes, there are only 613 Neighborhood Markets, but Mike Moore will now be in charge of 3421 U.S. Supercenter locations. Julie Murphy, former Wal-Mart West EVP, has taken Mike Moore’s former position.
Current U.S. SVP of Innovations, Mark Ibbotson, will now also work on asset protection, as well as working more closely with Wal-Mart Global eCommerce. This new position is expected to help integrate grocery home shopping.
Several positions have also been eliminated in the current Wal-Mart shakeup. CEO Greg Foran and COO Judith McKenna have eliminated executive positions which supervised Wal-Mart East and Wal-Mart West. The position formerly held by Julie Murphy will not be filled, and Joaquin Gonzales Varela, EVP of Wal-Mart East has left the company, according to Forbes. All U.S. operation executives now report directly to Judith McKenna, and the merchandising division reports directly to Greg Foran.
Lastly, Pam Kohn, EVP of Wal-Mart Realty has left Wal-Mart and is being replaced by J.P. Suarez. Forbes reports that Suarez has served as SVP of real-estate strategy and has now been elevated to Executive Vice President. He will now report to Judith McKenna, COO.
Stay tuned to DeliMarket TV to follow all the updates on this restructuring company.
