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Sam’s Club CEO Rosalind Brewer to retire Feb. 1
BENTONVILLE, Ark. — The ranks of female retail CEOs is losing one of its highest-profile members.
Rosalind G. Brewer, 54, has told Walmart she plans to retire as executive VP, president and CEO of Sam’s Club, effective Feb. 1, 2017. She will be succeeded by company veteran John Furner, 42, who joined Walmart as an hourly associate in 1993, effective Feb. 1. The news was announced in a filing by the chain.Theranos cuts 41% of workforce
PALO ALTO, Calif. — Theranos Friday announced it will cut 155 jobs, or 41% of its workforce, leaving the company with 220 employees.
According to Palo Alto-based Theranos, further re-engineering of the company’s operations are needed as it works towards commercialization of its miniLab testing platform and its related technologies.
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