In November, Walmart announced its new CEO: U.S. chief John Furner. That major decision—who will become the fifth CEO of the world’s largest retailer—meant that the job didn’t go to Walmart International CEO Kath McLay, who had also been seen as a contender.
Yesterday afternoon, Walmart announced that McLay will depart Walmart at the end of the month, staying on to help with the transition through Q1. The Australian exec has been at Walmart for a decade and served as CEO of Sam’s Club before taking over Walmart International; she was No. 25 on the 2025 Most Powerful Women list. “It’s been a privilege to work at Walmart over the past decade,” McLay was quoted saying in a Walmart press release. “The roles I’ve held at the company have been extraordinary, filled with opportunities to have an impact on communities, touch lives, serve customers and members, and lead with a sense of purpose. Walmart provided me the ability to make a real difference in the world, and I am truly grateful. I’ve said it before, and I believe it more than ever: The world is a better place because Walmart is in it.”
It’s not surprising that McLay would leave Walmart after seemingly being passed over for the top job. Nor is it surprising that a new CEO would want to make his mark; indeed, McLay’s departure is part of a broader leadership reshuffle. McLay hasn’t said anything about what she might do next; she will no doubt have options.
