Walz is new. I think they dropped Beshear because they are never going to win KY and even though he's a Southern governor and charismatic, he's younger than Kamala and not particularly well known nationally (yet).
Heavy on governors (expected) and no Mayor Pete (though he's already vetted, so...)
@Cosmichomicide Cooper, Kelly, and Shapiro are the best situated to help secure a swing state.
And yes, I know, Pennsylvania is a battleground and he's popular. But he still has that new governor smell and voters tend to look askance at people who drop the job after a year.