*(Via Washington Post) – Wal-Mart Stores Inc., the world’s biggest retailer, said Friday that it has named Rosalind Brewer as CEO of Sam’s Club — the first woman and the first African-American to hold a CEO position at one of the company’s business units.
Brewer, 49, is replacing Brian Cornell, 52, who is leaving the company so he can return to the Northeast for family reasons. He had served in the role since 2009.
Brewer, who will also be president of Sam’s Club, was previously president of the retailer’s U.S. East business unit. She will report to CEO Mike Duke. The moves are effective Feb. 1.
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