Wal-Mart U.S. chief to exit next month

Bill Simon - who has been CEO of Wal-Mart's (NYSE:WMT) U.S. division since June 2010 - "will be transitioning out of the company," and will be replaced by Greg Foran, effective August 9.

Foran joined Wal-Mart in 2011 and became CEO of the China division in 2012, and CEO in Asia earlier this year.

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Comments (2)
  • ebeuu
    , contributor
    Comments (382) | Send Message
    CNBC just now could have been reading your article.
    Good job!
    24 Jul 2014, 08:49 AM Reply Like
  • Hopeful17
    , contributor
    Comments (1376) | Send Message
    Where is Simon going? Why?
    24 Jul 2014, 06:05 PM Reply Like
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