Walmart officials promoted Greg Foran to president and CEO of Walmart U.S, effective Aug. 9.
Foran succeeds Bill Simon, who served as president and CEO since June 2010 and will be transitioning out of the company.
Foran will report directly to Walmart President and CEO Doug McMillon.
“Greg is one of the most talented retailers I’ve ever met. His depth of knowledge and global experience will bring a fresh perspective to our business,” said McMillon. “His passion for fresh food, experience in general merchandise and commitment to e-commerce will help us serve our customers even more effectively for years to come.”