Sam’s Club taps company veteran as new CEO

Wal-Mart Stores has appointed John Furner to succeed Rosalind Brewer, who is retiring as chief executive of Sams’ Club next month. Furner will assume the role of executive VP, president and CEO of the warehouse club chain on Feb. 1.
 
Furner, 42, has served as executive VP and chief merchandising officer of Sam’s Club since October 2015. Prior to that, he served in a variety of roles with the company, including senior VP and chief merchandising officer of Walmart China; senior VP, home and apparel and global sourcing; and senior VP, proprietary brands and merchandising solutions.
 
Furner joined Walmart as an hourly store associate in 1993 and served in a variety of roles before being promoted to VP/divisional merchandise manager in 2006.
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