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Senior Walmart Executives Depart in Management Reshuffle

Walmart executives Tom Ward and Cedric Clark are departing amid a management reshuffle. The changes follow new CEO John Furner taking over the retail giant.

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WALMART INC is losing senior executives Tom Ward and Cedric Clark as CEO John Furner reshuffles the retailer's leadership. The departures follow Walmart's decision to maintain conservative annual sales and profit targets for the United States. This management turnover indicates a shift in operational strategy as Furner consolidates power after taking the top role in February.

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