Walmart Inc has made charges to its executive team to prepare for a new phase of growth led by incoming CEO John Furner.

The retail giant has appointed Seth Dallaire, currently EVP and chief growth officer for Walmart US, as EVP and chief growth officer for Walmart Inc. In his new enterprise role, Dallaire will have responsibility for global enterprise platforms, including Walmart Connect/digital advertising, Walmart+, Walmart Data Ventures, Vizio, Sam’s Club MAP, and global marketplace platform.

David Guggina, EVP and chief e-commerce officer for Walmart US, will become president and CEO of Walmart US.

Chris Nicholas, president and CEO of Sam’s Club US, will succeed Kath McLay as president and CEO of Walmart International. 

Latriece Watkins, EVP and chief merchandising officer for Walmart US, was named president and CEO of Sam’s Club US.

The changes will take effect on February 1, the same time John Furner takes the helm at the company. Furner, who has served as president and CEO of Walmart US since 2019, was previously named successor to Walmart CEO Doug McMillon.

“These internal promotions reflect our culture of opportunity and the depth of our leadership bench,” Furner said. “These leadership changes also mark a key step in how we organize for the future.”

“As AI rapidly reshapes retail, we are centralizing our platforms to accelerate shared capabilities, freeing up our operating segments to be more focused on and closer to our customers and members”, he added.

The company reported a 5.8 per cent increase in revenue to $179.5 billion for the third quarter ended October 31.