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Fortune
Fortune
Ellie Austin, Joseph Abrams

Walmart International CEO Kath McLay says her first weeks were like 'drinking from a firehose'

Walmart International president and CEO Kathryn McLay speaks at Fortune Most Powerful Women Summit on Oct. 10, 2023. (Credit: Stuart Isett—Fortune)

Good morning, Broadsheet readers! Oprah reportedly considered a 2020 presidential ticket with Mitt Romney, tech unicorn Carta's litigation piles up, and Fortune's Ellie Austin checks in with Walmart International chief Kath McLay about her new job. Have a lovely Tuesday.

- Going global. A month after taking on her new role as CEO of Walmart International, Kathryn McLay joined us at last week’s Most Powerful Women summit in Laguna Niguel, Calif., to discuss her vision for the retail giant’s $100-billion international business—as well as her approach to leadership.

McLay, an Australian alum of Woolworths and Qantas, landed her new job after four triumphant years as CEO of Sam’s Club, Walmart’s warehouse club division that logged net sales of $84.3 billion last fiscal year. The promotion saw her rise to No. 14 on this year’s Fortune Most Powerful Women list (she ranked No. 28 in 2022). During McLay’s tenure at Sam’s Club, the company increased total revenue by 43%. It also underwent something of an image transformation thanks to a combination of factors including refreshed stores and the brand’s first ever Super Bowl ad. 

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