Walmart Losing Top Female Exec

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Walmart Losing Top Female Exec

By Patrycja Malinowska - 08/21/2018

Walmart's Marybeth Hayes is departing in January 2019 after a decade with the retailer, according to reports citing an internal memo.

One of Walmart's highest-ranking female leaders, Hayes has served as the executive vice president of consumables and health and wellness for the last year. She ran Walmart's health and wellness business after the March departure of division head George Riedl, until she was sidelined when the company appointed a former senior executive at insurer Humana Inc. to succeed Riedl. At the time, Walmart U.S. chief executive officer Greg Foran said he would share more details about Hays’s next role “at a later date," and her LinkedIn account indicates she added evp of special projects to her title at Walmart in the last month.

Hayes was one of the few senior executive women at Walmart in an operational role and her loss is a blow to the company's decade-long effort to promote women into senior leadership, Bloomberg reported.

She moved to her current role from a position as chief merchandising, marketing and supply chain officer at Walmart China. Before that she served as svp for both the home and ladies' apparel divisions for Walmart U.S. Hayes first joined the company in 2009 as svp of home, apparel, jewelry and seasonal at Sam's Club. She also held vp-level marketing roles at Lowe's, Lexington Furniture and Hanesbrands.

According to Chain Drug Review, senior vice president Latriece Watkins will run the consumables portfolio, which includes baby products, household goods, paper items and pet supplies.