Walmart discloses departure terms for International CEO Kathryn McLay: $2.82M payout, 24,051 shares vest

Walmart Inc.

Kathryn McLay steps down as EVP, President & CEO of Walmart International on Jan 31, 2026; separation effective Apr 30, 2026.
Separation agreement provides $2.82M payable over two years post-Separation Date.
Accelerates vesting of 24,051 restricted shares; all other unvested equity forfeited.
Two-year non-compete and six-month non-solicit of associates.
Agreement to be filed as exhibit to 10-K for fiscal year ending Jan 31, 2026.

item 5.02

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