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Tom Ward, COO of warehouse chain Sam's Club, and Cedric Clark, U.S. store operations chief, are leaving amid a major management rejig.
Walmart COO Tom Ward and U.S. store operations chief Cedric Clark are both departing amid leadership changes.
KEY POINTS
- 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
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