• Walmart announced yesterday that it has named Greg Foran, senior vice president for Wal-Mart International, to be president and chief executive of Wal-Mart China.
Foran succeeds Ed Chan, who resigned from the post last October “for personal reasons” in the wake of accusations by the Chinese government that Walmart had committed food handling and mislabeling violations there. (Walmart said that Chan’s resignation had nothing to do with the scandal.)
Scott Price, the chief and president of Wal-Mart Asia, has been temporarily handling Chan’s duties while Walmart sought a more permanent replacement.
Foran succeeds Ed Chan, who resigned from the post last October “for personal reasons” in the wake of accusations by the Chinese government that Walmart had committed food handling and mislabeling violations there. (Walmart said that Chan’s resignation had nothing to do with the scandal.)
Scott Price, the chief and president of Wal-Mart Asia, has been temporarily handling Chan’s duties while Walmart sought a more permanent replacement.
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