New CEO For Sam's Club
Walmart got a new CEO earlier this year, and now its Sam's Club division has one as well. Brian C. Cornell, formerly of Michael's Stores Inc., is the new CEO of Sam's Club, replacing Doug McMillon, who recently moved to the top job at Walmart International.
Cornell's replacement at Michael's, the AP reported, is former Walmart vice chairman Jon Menzer. Mike Duke replaced Lee Scott in January as the chain's CEO.