Today, Wal-Mart Stores, Inc. (NYSE: WMT) today announced a series of leadership moves in its International division.
Andy Clarke, President and Chief Executive Officer at Asda, has decided the timing is right to step aside from his role with the company. Over more than 20 years with Asda, and the last six as CEO, Andy has been a key contributor to Walmart’s success in the U.K., one of the world’s most competitive retail markets. Andy and his leadership team have played a key role in several innovations in the marketplace, such as grocery home delivery and pickup. He has also served as a strong leader for the business during a time of increased competition and heightened customer expectations.
Andy will remain with the business until the end of July, at which point he will serve as an advisor for the remainder of 2016. He will also retain his current role as Asda’s representative in certain functions, namely as president of the IGD, a research and training charity which provides information and best practice to the global food and grocery industry.Read more