Walmart names Kinnard to replace departing US COO Shanahan, memo shows

July 17 (Reuters) - Kieran ‌Shanahan, chief ​operating ​officer of Walmart's U.S. operations, is leaving the retailer and will be replaced by ‌the company's international division COO, Kyle Kinnard, an ⁠internal memo showed on Friday, amid a major management rejig ‌under CEO John Furner.

Here ‌are some details:

• Kinnard has been with Walmart for more than 25 years handling multiple senior roles, ​including executive vice president of health & wellness for Walmart U.S., the company said in the ⁠memo seen by Reuters.

• The change follows Tom Ward, COO of warehouse ​chain Sam's Club, and Cedric Clark, U.S. store operations chief, leaving the company in ​May, and David Guggina and Chris ‌Nicholas being named CEOs of Walmart's domestic and international operations, respectively.

• Walmart also ⁠said on Friday it promoted another executive, Juan Galarraga, to oversee the international businesses in Latin America.

• Under ⁠Furner, Walmart has been pushing a technology-focused strategy aimed at expanding ​Walmart's marketplace and delivery businesses and attracting higher-income shoppers. It had also eliminated 1,000 roles in May.

• The retailer in ‌May had reiterated its conservative annual sales and profit targets amid softer consumer ‌spending, and said earlier this month that it ⁠would cut prices on ‌many summer barbecue ​favorites, including meat, chips, and soda.

(Reporting by Neil J Kanatt in Bengaluru; Editing by Maju ‌Samuel)

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