Wal-Mart CMO Quinn Steps Down, Former Target CMO Francis Consults

Wal-Mart U.S. Chief Marketing Officer Stephen Quinn plans to step down in January after more than a decade at the company. In turn, Wal-Mart will hire former Target Chief Marketing Officer Michael Francis as a consultant and possibly to work with an ultimate successor. Wal-Mart Spokeswoman Deisha Barnett said Mr. Quinn will retire as of Jan. 31 and Mr. Francis will join the company as a consultant starting Jan. 1.