Wal-Mart Stores, Inc. has announced that Scott Price, currently president and CEO of Walmart Asia, will move to a senior management role as executive vp, international strategy and development, real estate, mergers and acquisitions, integration and purchase leverage, based at Walmart’s headquarters in Bentonville, AK. The company named Greg Foran, currently president and CEO of Walmart China, president and CEO, Walmart Asia, basing him in the company’s Asia regional office in Hong Kong.
In addition, the company has appointed Sean Clarke, Walmart China’s current chief operating officer, president and CEO of Walmart China, it noted.
All changes are effective June 1, the company stated.
“These promotions allow us to tap into the extraordinary talent we have in our company, leverage their unique strengths to benefit the entire organization, and ensure continuity of leadership in China and the region,” said David Cheesewright, Walmart International president and CEO, in announcing the executive moves. “While these moves highlight the internal talent we have at Walmart, they also show how we are able to build global talent to meet the needs of the company wherever we operate.”