# Tom Ward, COO of warehouse chain Sam's Club, and Cedric Clark, U.S. store operations chief, are leaving amid a major management rejig.

*business · news · 2026-05-22 · MarketScreener*

## Key points

- Walmart COO Tom Ward and U.S. store operations chief Cedric Clark are both departing amid leadership changes.
- Walmart eliminated 1,000 roles last week to simplify its operating structure under CEO John Furner.
- Tom Ward will retire from Sam's Club by the end of May after over a decade at Walmart.
- Cedric Clark's departure date remains unannounced, but a replacement will be named in weeks.

**Companies:** Walmart, Target, Kroger, Albertsons
**Countries:** United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/senior-walmart-executives-depart-amid-rejig-under-new-ceo-memo-shows-ce7f5adcd888f426)

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