Wal-Mart replaces China CEO in leadership shuffle


Wal-Mart is promoting Sean Clarke, current chief operating officer in China, to China CEO role from June 1, while current China chief executive, Greg Foran, will become Asia CEO - EPA Photo.

SHANGHAI: US retailer Wal-Mart Stores Inc has appointed a new chief executive for the China region, where the world's largest retailer is battling stiff competition from local rivals.

Sean Clarke, a Wal-Mart veteran and current chief operating officer in China, will take over the China CEO role from June 1, a statement from the firm said on Friday. The current China chief executive, Greg Foran, will become Asia CEO.

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China , Wal-Mart , leadership , shuffle

   

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