Monday, September 5, 2011

Wal-Mart Replaces China Bosses

Monday, September 5, 2011

BEIJING—Wal-Mart Stores Inc. moved quickly to replace two of its top China executives who resigned on May 21, rattling the retail giant as it strives to gain market share in one of its strategic growth markets.

The world's largest retailer tapped Mario-José Medina to head its financial operations in China, according to a company statement. Mr. Medina joined the company in 2007 and has served as the chief financial officer of Wal-Mart Puerto Rico and most recently of Wal-Mart Chile. Del Sloneker, ...

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