Walmart Inc. ·WMT

Three operating company CEOs report directly to Walmart’s CEO

Retailing · Fortune #1 · Divisional structure · 2.1M employees · Bentonville, AR

10
CEO span
↑ wider than peers (avg 8)
3.5
Avg span
moderate
3
Max depth
flat for 2.1M emp
2.9 yr
Avg tenure
60%
Internal hires
↑ above industry avg
Consolidated financials FY2026 · period end 2026-01-31 · 10-K
Revenue
$706.4B
Operating income
$29.8B
Net income
$21.9B
Total assets
$284.7B
Shares out
7.97B

Sourced from Walmart Inc. DEF 14A · filed 2026-04-23 ↗ View on SEC

Interactive org chart

Walmart Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Three operating company CEOs report directly to Walmart’s CEO, an uncommon structure at this scale. This page maps Walmart’s divisional org, executive council, segment leaders, recent leadership changes, and compares the model with peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal John Furner moved into President and CEO

Promoted to CEO effective Feb 1, 2026

Source · See change log

Scenario views in the chart

  • Add standalone Chief AI Officer Separate AI leadership from product to accelerate enterprise AI governance and investment.
  • Add Corporate COO Introduce a COO layer to coordinate operations across Walmart U.S., International, and Sam’s Club.

Atlas work this supports

  • Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
  • Connect Salesforce Map your target accounts like this. Import contacts, visualize decision chains, plan multi-threading.
  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

11 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

John Furner

President and Chief Executive Officer

Executive

0 yr

18 reports

internal

David Guggina

President and CEO, Walmart U.S.

Walmart U.S.

0 yr

3 reports

Daniel Danker

Executive Vice President, AI Acceleration, Product and Design

Product & AI

1 yr

0 reports

Dan Bartlett

Executive Vice President, Corporate Affairs

Corporate Affairs

6 yr

0 reports

Seth Dallaire

Executive Vice President and Chief Growth Officer

Growth

3 yr

0 reports

Suresh Kumar

Executive Vice President, Global Chief Technology and Development Officer

Technology

6 yr

0 reports

Donna Morris

Executive Vice President and Chief People Officer

Human Resources

5 yr

0 reports

Erin Nealy Cox

Executive Vice President, Global Governance, Chief Legal Officer and Corporate Secretary

Legal

4 yr

0 reports

internal

Chris Nicholas

President and CEO, Walmart International

International

0 yr

2 reports

John David Rainey

Executive Vice President and Chief Financial Officer

Finance

3 yr

0 reports

internal

Latriece Watkins

President and CEO, Sam’s Club U.S.

Sam’s Club

0 yr

3 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

Doug McMillon $29.2M
Base salary
$1.50M
Bonus
$21.05M
Stock awards
$4.03M
Non-equity incentive
$2.22M
Pension change
$442K
Fiscal year
FY2026

The businesses

How Walmart Inc. divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Walmart U.S.

1.6M employees

President and CEO (David Guggina)

Core U.S. retail and eCommerce operations serving the majority of Walmart customers.

Sam’s Club

100K employees

President and CEO (Latriece Watkins)

Membership-based warehouse club business in the U.S.

Walmart International

400K employees

President and CEO (Chris Nicholas)

International retail operations across multiple countries.

The thesis

Why this org is unusual

Three operating CEOs—Walmart U.S., Walmart International, and Sam’s Club—report directly to the group CEO.

This divisional model concentrates P&L ownership at the segment level rather than through a COO layer. The structure gives each major business autonomy while centralizing technology, finance, people, and legal functions. Notably, Walmart operates without a traditional COO at the corporate level, relying instead on strong segment CEOs and functional EVPs.
  • No corporate COO
  • Three segment CEOs report to CEO

The comparison

How Walmart Inc. stacks up

Compared with other global retailers, Walmart’s structure is more explicitly divisional. Amazon centralizes operations under a CEO and multiple SVPs without separate operating-company CEOs, while Costco runs a flatter functional model. Walmart’s approach reflects its scale and regulatory diversity, allowing faster …

C-suite size

Walmart Inc.
11
Carrefour
10

Reporting depth

Walmart Inc.
3 levels
4 levels
4 levels
4 levels
Carrefour
5 levels

Avg C-suite tenure

Walmart Inc.
3 yr
5 yr
8 yr
6 yr
Carrefour
4 yr

Has COO / Has CAIO

Walmart Inc. ✓ COO — no CAIO
Amazon — no COO — no CAIO
Costco ✓ COO — no CAIO
Target ✓ COO — no CAIO
Carrefour ✓ COO — no CAIO

Current signals

What changed recently

The most consequential change was John Furner’s promotion to CEO alongside new CEOs for Walmart U.S. and International.

  • Date not confirmed promoted
    John Furner President and CEO

    Promoted to CEO effective Feb 1, 2026

    Source
  • Date not confirmed new
    David Guggina President and CEO, Walmart U.S.

    Appointed effective Feb 1, 2026

    Source
  • Date not confirmed new
    Chris Nicholas President and CEO, Walmart International

    Appointed effective Feb 1, 2026 following McLay departure

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2026
DEF 14A filed 2026-04-23
CEO
Doug McMillon
CEO span
5
C-suite
5
Avg tenure
7.2 yr

Final year before CEO succession to John Furner.

Named executive officers (5)
  • Doug McMillon - President and CEO since 2014
  • John Furner - CEO, Walmart U.S. since 2019
  • John David Rainey - CFO since 2022
  • Suresh Kumar - CTO since 2019
  • Daniel Danker - EVP, AI since 2025

Frequently Asked Questions

Who is the CEO of Walmart Inc.?

John Furner has served as President and CEO of Walmart Inc. since February 1, 2026.

What type of organizational structure does Walmart use?

Walmart uses a divisional structure with major business units led by their own CEOs.

How many direct reports does Walmart's CEO have?

The CEO has ten direct reports, including three segment CEOs and core functional leaders.

How has Walmart's leadership changed recently?

In early 2026, Walmart appointed a new CEO and named new CEOs for Walmart U.S. and Walmart International.

Who reports directly to Walmart's CEO?

Direct reports include the CEOs of Walmart U.S., Walmart International, Sam’s Club, and functional EVPs.

Sources

  • Company press release, Nov 2025
  • 8-K Filing, Jan 16 2026
  • SEC EDGAR: Walmart Inc. DEF 14A Proxy Statement
  • SEC EDGAR: Walmart Inc. 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). Walmart Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/walmart/
MLA 9th
"Walmart Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/walmart/. Accessed .
Chicago 17
Creately. "Walmart Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/walmart/.
Original SEC source View on SEC ↗
Walmart Inc.. DEF 14A. Filed 2026-04-23. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/104169/000119312526173673/wmt-20260423.htm

Permanent URL: https://creately.com/org-chart/fortune-500/walmart/ · last updated 2026-04-01

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