Wal-Mart expands exec roles in online push: memo

Reuters News
Posted: Jan 13, 2017 4:13 PM

(Reuters) - Wal-Mart Stores Inc expanded the roles of a number of executives to handle responsibilities for both its brick-and-mortar stores and online operations, according to an internal memo seen by Reuters.

Jeremy King, who was the chief technology officer of global ecommerce for Wal-Mart Stores, will oversee the technology teams for both its brick and mortar retail stores and its ecommerce business, which includes Walmart.com and Jet.com, the memo said.

Tony Rogers, the chief marketing officer of Wal-Mart in the United States, will now also oversee online marketing efforts as the company shifts its focus to building its websites and ecommerce offerings, the memo from Marc Lore, chief executive of Wal-Mart's U.S. e-commerce business, said on Friday.

Wal-Mart said GE Power executive Clay Johnson will replace Karenann Terrell as chief information officer.

Terrell, who has been in the post since 2012, will leave in February.

The moves come a few days after reports emerged that Wal-Mart would be cutting hundreds of jobs by the end of the month.

(Reporting by Gayathree Ganesan in Bengaluru)