Walmart promoted Greg Foran to President and CEO of Walmart U.S. He succeeds Bill Simon, who has been in the role since June 2010 and will be transitioning out of the company.
Foran assume his responsibilities on August 9 and will report to Walmart President and CEO Doug McMillon.
Simon will be available on a consulting basis for the next six months to ensure a seamless transition.
A 35-year retail veteran, Foran joined the company in October 2011 and became President and CEO of Walmart China in March 2012. He was promoted to President and CEO of Walmart Asia in early 2014.
The company will announce Foran’s successor as President and CEO of Walmart Asia at a later date.
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