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Walmart Appoints First Female CEO

Wal-Mart Stores here on Friday announced a series of new executive changes, including the resignation of Brian Cornell, the president and CEO of its Sam’s Club division. The former Safeway executive credited for leading a strong sales rebound at Sam’s recently informed the company that he and his wife would like to move back to the Northeast for family reasons. Thus, Rosalind G. Brewer will now be president and CEO of Sam's Club.

Brewer has most recently been president of Wal-Mart’s U.S. East business unit, where she was responsible for more than $100 billion in annual revenue, representing almost 1,600 stores and more than 500,000 associates. Prior to Wal-Mart, Brewer worked for Kimberly-Clark, progressing through various positions and eventually becoming president of a key business sector in 2004.

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