Wal Mart makes Brazil exec head of Asia retail
Wal Mart Stores Inc on Monday named Vicente Trius, chief executive of Wal-Mart Brazil, to the newly created post of president and chief executive of Wal-Mart Asia, a region where the company is looking to grow
By PTI |
CHICAGO: Wal Mart Stores Inc on Monday named Vicente Trius, chief executive of Wal-Mart Brazil, to the newly created post of president and chief executive of Wal-Mart Asia, a region where the company is looking to grow.
In Asia, Wal-Mart operates 394 Seiyu stores in Japan and 1,001 stores in China. The company also holds a minority stake in the 102-unit Trust-Mart chain in China and has a joint venture with Bharti Enterprises in India.
Trius will be succeeded in Brazil by Hector Nunez, who has been chief operating officer in the country, the world's largest retailer said.
In Asia, Wal-Mart operates 394 Seiyu stores in Japan and 1,001 stores in China. The company also holds a minority stake in the 102-unit Trust-Mart chain in China and has a joint venture with Bharti Enterprises in India.
Trius will be succeeded in Brazil by Hector Nunez, who has been chief operating officer in the country, the world's largest retailer said.
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