The world's biggest retailer announced Tuesday that it's tapped an insider to head Walmart International, its second biggest operating segment.
David Cheesewright, who has been president and CEO of Walmart's Europe, Middle East and Africa (EMEA) and Canada region since 2011, will assume the role Feb. 1.
Cheesewright will be taking over the intentional reigns from Doug McMillon, who was named late last month to succeed Mike Duke as Wal-Mart Stores' president and CEO, effective Feb. 1.
(Read more: Wal-Mart Stores names new CEO)
If Wal-Mart history repeats itself, Cheesewright could be a top contender in the succession plan to succeed McMillon. Both McMillon and Duke were in charge of the company's international segment before being picked to head the Bentonville, Ark.,-based retailer.
Joe Feldman, a senior retail analyst at Telsey Advisory Group, said the move puts Cheesewright in the running to eventually replace McMillon, along with Wal-Mart U.S. CEO Bill Simon, whom Feldman said was "near the top of the list."
"The last couple [of] CEOs have come from being heads of the main divisions," Feldman added. "I guess that puts (Cheesewright) in contention, assuming he does well."
Still, Feldman emphasized that he doesn't expect McMillon to depart anytime soon.
"They actually have a good team in place of young middle-aged leaders that can stick around and do something great over the next 10 to 15 years," he said.