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Walmart, Sam’s Club name new chief merchants

BY Mike Troy

BENTONVILLE, Ark. — On the same day that it announced a new CFO, Walmart has filled its empty chief merchant spot and named other executives to key leadership roles within the organization, including a new head merchant at Sam’s Club.

Steve Bratspies was named chief merchandising officer for Walmart U.S. stores, effective Oct. 19, 2015, filling a position that had been vacant since the departure of Duncan Mac Naughton a year ago. Bratspies will oversee all merchandise categories across more than 4,500 stores in the U.S. business and will continue to report Walmart U.S. president and CEO Greg Foran.

"Steve is a true leader and an example of the rich talent that exists within the merchandise organization,” said Foran. “His outstanding merchandising instincts and commitment to innovation and price leadership will challenge the status quo to serve our customers better.”

Most recently, Bratspies served as the executive vice president of food for Walmart U.S. where the retailer credited him with overhauling the retailer’s grocery aisles with a focus on improving its fresh offering and expanding its private brand and global sourcing capabilities. Bratspies joined the company in 2005, initially in a marketing role, and later transitioned to merchandising. Prior to joining Walmart, Bratspies served as chief marketing officer for specialty brands at Frito-Lay.

“Walmart is known for its world-class merchandising organization. From the buyers and replenishment managers to our merchandise operations experts, it’s a dedicated team with a commitment to serving customers that I’m honored to lead,” Bratspies said. “Going forward, we’ll continue our relentless focus on our customers – we’ll move with speed and conviction to ‘super-serve’ the millions who shop Walmart. We will stay true to our mission by strengthening our commitment to everyday low prices, optimizing our assortment and winning at omnichannel retailing through strong partnerships with suppliers and a continued investment in our associates.”

Bratspies promotion created an opportunity for Walmart to shift Charles Redfield from his role and Sam’s Club’s executive vice president of merchandising to the role of executive vice president of food for Walmart U.S. Redfield joined Sam’s Club in 1988 as a cashier and moved up the ranks to serve in several operational and merchandising leadership roles, including chief merchandising officer at Asda.

Filling Redfield’s role, is long time Sam’s merchant John Furner. He was previously serving as chief merchandising and marketing officer at Walmart China.e

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Walmart names new CFO

BY Mike Troy

BENTONVILLE, Ark. — After more than two decades in top finance roles at Walmart, Charles Holley, 59, is stepping down as CFO at the world’s largest retailer.
 
Succeeding Holley will be Brett Biggs, a well-rounded finance executive who joined Walmart in 2000 and has held key roles in each of the retailer’s divisions.
 
“Brett is a strong leader whose broad experience uniquely qualifies him to lead our finance and strategy areas,” said Walmart President and CEO Doug McMillon. “Having had a variety of important roles in all three of Walmart’s business segments, Brett is well prepared. He thoroughly understands Walmart’s operations, how we intend to compete in a dynamic and changing retail environment and how we can best serve customers, associates and shareholders.”
 
Since January 2014, Biggs has served as executive VP and CFO of Walmart International. Prior to that, Biggs served as CFO Walmart U.S. from January 2012 until January 2014, and as senior VP of Sam’s Club operations, from September 2010 until January 2012. Biggs joined Walmart in 2000 and served in a variety of roles including senior VP and CFO of Sam’s Club, senior VP corporate finance and assistant treasurer, and senior VP, international strategy and mergers and acquisitions.

Prior to joining Walmart, Biggs worked at Leggett & Platt on its mergers and acquisitions team. Prior to that, he was an accountant at Phillips Petroleum Company, now ConocoPhillips, and an auditor at Pricewaterhouse LLP, now PricewaterhouseCoopers LLP.
 
In succeeding Holley, Biggs replaces an executive McMillon credited with guiding Walmart global finance and strategy areas during a period of immense growth and change.
 
“He has been instrumental in shaping Walmart’s strong financial position while driving significant shareholder returns,” McMillon said of Holley. “One of Charles’ strengths is also talent development and succession planning. Under his leadership, Walmart’s finance function has transformed into a best in class organization that is both strong and deep, highlighted by today’s appointment of Brett as our new CFO.”
 
Holley joined Walmart in 1994 and became CFO in 2010 and also served as CFO of the international division. He also held roles as executive VP, finance and treasurer, chief risk officer, controller and senior VP of finance over accounting, tax, financial reporting and investor relations.

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FIP: Pharmacists play increasingly pivotal role in managing mental health

BY Michael Johnsen

THE HAGUE, Netherlands — The International Pharmaceutical Federation (FIP) on Saturday will publish “Focus on mental health: The contribution of the pharmacist” to highlight the increasing roles that pharmacists and their national associations are taking in mental health care on what will be World Mental Health Day.
 
The document gives an overview of the areas in mental health care in which pharmacists are involved, including health promotion, early detection, triage, optimizing treatment outcomes, education (including addiction prevention), shaping public policies, research and interprofessional practice. 
 
“Delivery of these initiatives requires a different skill mix and a different attitude to health," stated Gabriel Ivbijaro, president elect of the World Federation for Mental Health. "For many people experiencing mental health problems, pharmacists and family doctors are likely to be their first point of contact. Pharmacists have a significant role to play if we are to make mental health for all a global reality.” 
 
Gaps in the mental health care have long been acknowledged and global initiatives to address these gaps include the movement towards universal health coverage, the World Health Organization’s Mental Health Gap Action Programme and the WHO Mental Health Action Plan 2013–2020. 
 
Through its global network, FIP has drawn together numerous examples of pharmacy-led mental health activities from around the world and, through this new report, it is sharing them with the whole profession and stakeholders.
 
“This FIP ‘Focus on mental health’ report gives excellent examples of how pharmacists and pharmaceutical organizations are making a practical difference to mental health care, and we urge others to come on board and be active partners," Ivbijaro said.
 
“It is becoming increasingly recognized that a comprehensive approach is needed in mental health care. This document helps to identify pharmacists as an important yet underused resource that can provide tremendous support to meet current and future challenges related to mental health,” said Luc Besançon, FIP CEO and general secretary. “With this report, FIP encourages pharmacists and their associations, as well as stakeholders, to work towards good mental health around the globe.” 
 
 
 
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