Walmart CEO

US Walmart CEO Bill Simon Stepping Down; Asia Head Greg Foran to Take Over

By Sarah Price - Jul 25, 2014 10:36 AM EDT

In an utterly unexpected move, Wal-Mart Stores Inc announced Thursday that U.S. stores CEO Bill Simon will be stepping down to make way for Greg Foran, the president of Walmart Asia, effective Aug 09, 2014.

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