Air New Zealand has appointed Walmart US chief executive Greg Foran as its next chief executive, commencing in the first quarter of 2020.

Air New Zealand has appointed Walmart US chief executive Greg Foran as its next chief executive, commencing in the first quarter of 2020.

New Zealand-born Foran has held several senior roles at Walmart International since 2011, and has run its US operations since 2014. Prior to that, he held several positions at retail companies in Australia and New Zealand.

"We are thrilled to have attracted a world-class Kiwi back home. Greg has an impeccable track record in delivering strong commercial performance, outstanding customer focus and in building teams that can take a business to the next level," says Air NZ chairman Therese Walsh.

Foran takes over from Christopher Luxon, who finished up with the airline after eight years on 25 September and handed over the reins to chief financial officer Jeff McDowall.