McMillon named president and CEO, Wal-Mart International

BENTONVILLE, Ark. Doug McMillon, currently president and CEO of Sam's Club, will assume the role of president and CEO of Wal-Mart International on Feb. 1. McMillion will report to Mike Duke, who has been named president and CEO of Wal-Mart Stores, succeeding Lee Scott.

“Doug is joining Wal-Mart International at a time of strength and momentum,” said Duke. “We have a strategy to win in all markets, and our international team is exceptionally strong across the board. We have never had a more talented group of regional leaders and country presidents. We will continue to focus on emerging markets with strong growth potential, as well as established markets that we believe have the potential to deliver consistently strong returns.

Wal-Mart reported that a new president and CEO of Sam's Club will be named at a later date.