Grimm retires as Sam's Club chief
August 23, 2002,
Bentonville, AR — Tom Grimm, president and ceo of Wal-Mart's Sam's Club division, announced his retirement this morning.
Replacing Grimm will be Kevin Turner, most recently Wal-Mart's chief information officer. Turner will report to Tom Coughlin, who will now serve as president and ceo of Wal-Mart and Sam's Club USA.
Phil Sutterfield, executive vp of merchandising for Sam's Club, also has announced his retirement. Doug McMillion, current senior vp and gmm for Wal-Mart, has been promoted to executive vp, succeeding Wal-Mart.
Gary Severson, current vp and dmm for Wal-Mart, has been promoted to senior vp, succeeding McMillon.
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