Venessa Yates Appointed as President and CEO of Walmart Canada to Continue its Growth Plans; Guilherme Loureiro Comments



Venessa Yates Appointed as President and CEO of Walmart Canada to Continue its Growth Plans; Guilherme Loureiro Comments



MISSISSAUGA, ON, CANADA - Walmart Canada announced Venessa Yates would become its new President and Chief Executive Officer in the coming weeks and pending authorizations.

Guilherme Loureiro, Regional CEO, Walmart Canada, Chile, Mexico, and Central America

“Venessa is a tremendous retail leader with experience in multiple countries and functions,” said Guilherme Loureiro, Regional CEO, Walmart Canada, Chile, Mexico, and Central America. “She is the right person to continue to drive Walmart Canada’s growth trajectory and its transformation to become the country’s leading omnichannel retailer.”

Yates has worked with Walmart since 2016, a press release shared. Most recently, she served as the Senior Vice President and General Manager of Walmart+, the company’s membership program. With a wealth of retail experience, Venessa has assumed various leadership positions at prominent retailers worldwide, such as Walmart, Woolworths, and ALDI Stores.

Venessa Yates, President and Chief Executive Officer, Walmart Canada

“I’m thrilled to be joining the Walmart Canada team,” said Yates. “The Canadian business, with its 100,000 associates and impressive 30-year history, has always been a source of pride. We’re currently in growth mode, and I’m excited about our future.”

The company announced that after a long and impressive 25-year career at Walmart, Gonzalo Gebara, the current Walmart President and CEO, will be leaving the company at the end of February in order to return to Argentina to be with his family and pursue other interests.

Walmart Canada announced Venessa Yates would become its new President and Chief Executive Officer

During his time with Walmart Canada, Gebara has played a critical role in accelerating Walmart Canada’s transformation towards becoming the leading omnichannel retailer in the country.

“I want to personally thank Gonzalo and his family for their 25 years of service,” said Loureiro.