Chief executive officers are expecting massive business change over the next two years, including at retail, according to a global consumer executive top of mind study, “No Normal is the New Normal: Make Disruption Work for Your Business,” conducted by KPMG International and The Consumer Goods Forum.
Lowe’s has named Marvin Ellison president and CEO, effective July 2. He will also join Lowe’s board of directors at that time. Ellison succeeds Robert Niblock, who previously announced his intention to retire.
Wal-Mart Stores has promoted Judith McKenna to the position of president and CEO of Walmart International. McKenna, who has been evp and COO at Walmart U.S., will assume her new role on February 1 and will report to Walmart president and CEO, Doug McMillon.
Kohl’s is preparing a CEO succession plan as Kevin Mansell, the retailer’s chairman, chief executive officer and president, plans to retire in May 2018 at the close of the company’s annual shareholders meeting. Michelle Gass, currently chief merchandising and customer officer, will assume the CEO role at that time.
Samsung has appointed Tim Baxter to the position of president and CEO of Samsung Electronics North America, effective immediately.
Southeastern Grocers, parent company of Winn-Dixie, Bi-Lo, Harveys and Fresco y Mas supermarkets, has announced that president and CEO Ian McLeod has resigned to take up another, unidentified opportunity.