Walmart has hired Chris Cracchiolo, a former American Express Co. executive, as senior vice president and general manger of Walmart+, effective July 12, reports Bloomberg. He will replace David Echegoyen, who left last month to join a private equity firm.
“Walmart+ is an important part of our business and I can’t wait to see how Chris and the team find new ways to deliver for our customers,” said chief customer officer Janey Whiteside, in an emailed memo. Full Story
Schnuck Markets, Inc. has named Ted Schnuck as executive vice president, supermarkets. Dave Peacock, president and chief operating officer since May 2017, will transition back to the company’s board of directors in October, following his acceptance of a new role with Continental Grain Co.
After a successful career outside of Schnucks, including time with Bain & Company, strategy work with Beam Suntory, and brand management at Procter & Gamble, Schnuck joined the family-owned company in 2015. He is a current member of the company’s strategy team, which includes the 10-member team of high-level executives. The great grandson of the company’s founder has held strategic leadership positions across several key areas of the 82-year old grocer, including merchandising, supply chain, marketing, business development, and store operations.
In his new role, which he will fully assume in October of this year, Schnuck will lead the merchandising and store operations teams, fusing his experience in both areas with his leadership capabilities and strategic mindset.
“Ted’s extensive career journey, through both his outside work experience and education and through the core areas of the company, has prepared him to be a next generation leader,” said Todd Schnuck, chairman and CEO, in a statement. “His business acumen, understanding of our company’s key functions, ability to connect with and lead our teammates and, most importantly, his strong exhibition of our company’s core values make him an ideal leader of our supermarkets.”
Related: Schnuck Closes MO Location; Schnuck Markets Renovates Location.