Walmart names new president and CEO
Walmart names new president and CEO
Venessa Yates has been named the new president and CEO of Walmart Canada. Gonzalo Gebara, the current Walmart president and CEO, will be leaving the company at the end of February after a 25-year career at the company.
Yates has worked with Walmart since 2016, most recently serving as the senior vice president and general manager of Walmart+, the company’s membership program.
“Venessa is a tremendous retail leader with experience in multiple countries and functions,” said Guilherme Loureiro, regional CEO, Walmart Canada, Chile, Mexico and Central America. “She is the right person to continue to drive Walmart Canada’s growth trajectory and its transformation to become the country’s leading omnichannel retailer.”
With a wealth of retail experience, Yates has assumed various leadership positions at prominent retailers worldwide, such as Walmart, Woolworths and ALDI Stores.
“I’m thrilled to be joining the Walmart Canada team,” said Yates. “The Canadian business, with its 100,000 associates and impressive 30-year history, has always been a source of pride. We’re currently in growth mode and I’m excited about our future.”
In addition to Yates, the company announced that Steve Schrobilgen is joining the company as chief operating officer, End to End, overseeing operations, supply chain, real estate and format.