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David Cheesewright Named President And CEO Of Walmart International

Stocks in this article: WMT

Cheesewright's career spans more than 25 years across the international retail and manufacturing sectors.  His Walmart career began in 1999 at Asda, the company's UK operation, where he held leadership positions in operations, merchandising, logistics, strategy and format development. He was the chief operating officer for both Walmart Canada and Asda before being named CEO of Walmart Canada.  While there, Cheesewright led the growth of the company's Canadian operations, including bringing Walmart's highly successful supercenter format to the Canadian market and expanding the company's e-commerce capabilities.  In 2011, he was named to his current position as president and CEO of Walmart's EMEA and Canada region, where he oversaw the integration of the Massmart acquisition in Sub-Saharan Africa and more aggressive growth in the UK through the Netto stores acquisition.  He helped develop and expand Asda's online grocery delivery program and serves on the board of Walmart's China e-commerce business, Yihaodian. Before his career with Walmart, Cheesewright held leadership positions in the United Kingdom with Mars Confectionery.  He holds a first-class honors joint degree in sports science and mathematics from Loughborough University, England.

Walmart's International division generates nearly 30 percent of the company's revenue, serving more than 109 million customers every week in more than 6,200 retail units under 64 banners in 26 countries outside the U.S.  In the third quarter 2013, Walmart International grew net sales to $33.1 billion. On a constant currency basis, net sales increased 4.1 percent to $34.4 billion.

NOTE: Bios and high resolution photos for download of Doug McMillon and David Cheesewright are available at: http://corporate.walmart.com .

About Walmart  

Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, more than 245 million customers and members visit our 11,096 stores under 69 banners in 27 countries and e-commerce websites in 10 countries. With fiscal year 2013 sales of approximately $466 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

SOURCE Wal-Mart Stores, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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