Wal-Mart's Asian business chief Greg Foran will replace Bill Simon as CEO of US division
SEAFOODNEWS.COM [The Associated Press] July 24, 2014
Wal-Mart U.S. chief Bill Simon is stepping down after being in the role since June 2010, the company said Thursday.
The world's largest retailer named the head of its Asian business as his replacement.
The Bentonville, Arkansas-based retailer said Greg Foran, 53, who was promoted to president and CEO of Wal-Mart Asia earlier this year, will succeed Simon. The changes will take effect Aug. 9. Wal-Mart Stores Inc. said Simon will be available on a consulting basis for the next six months to ensure a seamless transition...
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