Kieran Shanahan, chief operating officer of Walmart’s U.S. operations, is leaving the retailer. He will be replaced by Kyle Kinnard, currently COO of the international division, according to an internal memo issued on Friday. The move is part of a broader management restructuring under CEO John Furner.
Kinnard has worked at Walmart for more than 25 years in multiple senior roles, including executive vice president of health and wellness for Walmart U.S.
The change follows the May departures of Sam’s Club COO Tom Ward and U.S. store operations chief Cedric Clark. David Guggina and Chris Nicholas were named CEOs of Walmart’s domestic and international operations, respectively.
Walmart also promoted Juan Galarraga to oversee its international businesses in Latin America.
Under Furner, the company has pursued a technology-focused strategy to expand its marketplace and delivery services and attract higher-income shoppers. It eliminated 1,000 roles in May.
In May, Walmart reaffirmed its conservative annual sales and profit targets amid softer consumer spending. Earlier this month, it said it would cut prices on many summer barbecue items, including meat, chips, and soda.
