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Chris Nicholas takes charge as CEO of Walmart International

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MUMBAI: The trolley just got bigger. After steering one of the world’s most influential membership retailers, Chris Nicholas is now taking the global aisle. Chris Nicholas has been appointed president and chief executive officer of Walmart International, succeeding Kathryn McLay. The move marks a significant leadership shift as Walmart sharpens its international ambitions across diverse markets.

Announcing the transition, Nicholas struck an upbeat note, pointing to the strength of Walmart’s global teams and its culture of rapid innovation. “We have strong businesses led by incredible teams across our markets, a culture of rapid innovation, and a timeless purpose to help people save money and live better,” he said, adding that he was eager to “shape the future of global retail together” and get “on the road”.

Nicholas arrives with deep institutional knowledge. Most recently, he served as president and CEO of Sam’s Club, where he led the membership-based retailer through a period of reinvention. Under his watch, Sam’s Club doubled down on exclusive value, convenience and a more integrated omnichannel ecosystem, redefining how members shop across physical and digital touchpoints.

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Before that, Nicholas was executive vice president and chief operating officer of Walmart U.S., overseeing store operations and the supply chain. His remit spanned strategy, innovation, automation, distribution and fulfilment centres, last-mile delivery and real estate, a portfolio that put him at the operational heart of the retailer.

Nicholas first joined Walmart in 2018 as deputy chief financial officer, later becoming CFO of Walmart International and then CFO of Walmart U.S. That financial grounding is matched by a long global retail career: over two decades across nine countries, with senior leadership roles at Tesco, The Salling Group and Coles Group, where he played a role in major transformation across Australia’s supermarket sector.

Academically, Nicholas holds a Bachelor of Science (Hons) in Management Science from the University of Manchester Institute of Science and Technology and is a Chartered Management Accountant (ACMA).

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With experience that spans finance, operations and global transformation, Nicholas now takes charge of Walmart’s international businesses at a time when scale, speed and local relevance matter more than ever. For Walmart, it’s a familiar leader, just operating on a much bigger map.
 

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Prakash Nair reportedly quits Ogilvy after 23 years

One of the agency’s longest-serving leaders has moved on, with his next destination still unknown

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MUMBAI: After more than two decades at one address, Prakash Nair has left the building. The president and head of office, north at Ogilvy has moved on from the agency, according to highly placed industry sources. His next move remains unknown. Ogilvy did not respond to requests for comment.

Nair spent over 23 years at the agency, making him one of its longest-serving senior figures. He was elevated to lead the Gurugram office in April 2022, a role that put him at the helm of Ogilvy’s northern operations at a time of considerable churn across the advertising industry.

Before taking charge in the capital, Nair served as associate president at Ogilvy Mumbai, where he worked on some of the agency’s most prized accounts, including Mondelez, Tata Motors, and BP Castrol. Over the years, he built a reputation for driving modern, integrated, and award-winning work, the kind that wins metals at Cannes and keeps clients from straying.

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His departure was marked in style. A farewell gathering was held in Delhi, attended by senior figures from across the advertising fraternity, a signal of the regard in which Nair is held in an industry that does not always pause to say goodbye properly.

Where he goes next is the question the industry is now asking. After 23 years at one of the world’s most storied agencies, the answer, when it comes, will be worth watching.

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