Wal-Mart executive who called sales a ‘disaster’ in leaked emails is out
A shopping cart sits in the parking lot of a Wal-Mart in Oklahoma City, Oklahoma.
The Wal-Mart executive who called February sales a "disaster" in leaked internal emails that panicked Wall Street has left the company, reports Renee Dudley at Bloomberg News.
Jerry Murray, a vice president of finance and logistics, departed his job after seven years, Dudley writes.
Leaked emails in February revealed that executives were concerned that not as many people were shopping at the mega-retailer. Murray also noted that sales were the worst they'd been in his seven years with the company.
News of the emails sent Wal-Mart shares plunging.
Since then, the retailer has been plagued by reports of bare shelves in stores as understaffed locations struggle to keep up.
Dudley reported that the current issues had nothing to do with Murray's departure.
According to his LinkedIn profile, Murray has also worked for Honeywell and General Motors.
More from our partner, Business Insider:
Business Insider: There's a Lamborghini cop car on the streets of Dubai
Business Insider: The average CEO earns more in an hour than the average employee earns in a month
Business Insider: Bill Ackman on JC Penney: 'We're not going anywhere'
Business Insider: Here's what panic looks like
Business Insider: 17 things you never knew about the Master's
The story you just read is accessible and free to all because our listener community contributes to our nonprofit newsroom. We go deep to bring you the human-centered international reporting that you know you can trust. To do this work and to do it well, we rely on the support of our listeners. If you appreciate our coverage, if there has been a story that made you pause or a song that moved you, would you consider making a gift to sustain our work? All donations between now and June 30 will be matched 2:1, tripling your impact.