The Wall Street Journal: Wal-Mart shakes up e-commerce executive ranks

A management shake-up is hitting Wal-Mart Stores Inc.’s e-commerce operations as Jet.com founder Marc Lore takes the helm, a sign the online entrepreneur is moving swiftly to put his stamp on the giant retailer.

Several e-commerce executives are leaving the company in the wake of the $3.3 billion purchase of Lore’s startup Jet.com Inc., which closed in September. The departures include Fernando Madeira, head of Walmart.com, Dianne Mills, senior vice president of global e-commerce human resources and Brent Beabout, senior vice president of e-commerce supply chain, a spokesman said.

Beabout left in recent weeks and will be succeeded by Jet.com co-founder Nate Faust, who will lead fulfillment operations for Jet.com and Walmart.com.

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