"Incoming Walmart U.S. CEO David Guggina, who is succeeding Furner atop the $500 billion domestic business, has no experience running stores and has never held a merchandising role, at Walmart or elsewhere. Such an appointment would have been unthinkable at Walmart just a few years ago, before the company, under McMillon, decided to be a tech-forward company and not let Amazon run away with the prize."
"But Guggina brings to his new role at Walmart another kind of experience that Walmart has been prioritizing for years: e-commerce, automation, and supply chain expertise gained at Walmart and before that at Amazon. In announcing his promotion recently, Walmart touted Guggina's work, among other things, in building delivery capabilities to serve 95% of U.S. households in under three hours."
Feb. 1 marks the retirement of Doug McMillon and the start of John Furner as his replacement. Walmart is enacting C-suite changes that reflect a shift toward being a tech company. David Guggina will become Walmart U.S. CEO despite lacking store or merchandising experience; his background centers on e-commerce, automation and supply-chain work gained at Walmart and Amazon. Walmart highlighted his role building delivery capabilities to reach 95% of U.S. households in under three hours. Guggina and other executives emphasize AI adoption. Walmart recently partnered with OpenAI for ChatGPT shopping, announced a Google shopping tool, and is exploring auto-ordering capabilities.
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