According to informed sources, at least two senior executives at Wal-Mart are set to depart. The company has initiated management adjustments following the appointment of a new Chief Executive Officer in February this year.

The sources indicated that the Chief Operating Officer of Wal-Mart's warehouse membership chain, Sam's Club, announced his departure on Friday. Concurrently, the head of U.S. store operations for Wal-Mart is also leaving the company.

This personnel change occurs against the backdrop of the new CEO having appointed new leaders and key executives for Wal-Mart's three core segments—U.S. operations, international operations, and Sam's Club—several months prior.