Walmart International chief Kathryn McLay to step down after two years

Kathryn McLay will step down as CEO ‌of its Walmart ‌International unit on January 31 but will remain with the company through the first quarter ‌to help ensure a smooth transition. McLay's departure comes two months after the Bentonville, Arkansas-based retailer announced that its CEO of 12 years, Doug McMillon, ​would be stepping down and succeeded by ​US division chief John Furner.