• Walmart announced that Rafael Matute, CFO of its Mexican unit for the past 17 years, plans to retire in July, to be replaced by Wal-Mart Latin America CFO Pedro Farah.
Matute is the second senior Walmex executive to leave the company in recent months; Walmex Chairman Enrique Ostalé replaced Scot Rank as CEO of the company last month.
Matute is the second senior Walmex executive to leave the company in recent months; Walmex Chairman Enrique Ostalé replaced Scot Rank as CEO of the company last month.
- KC's View:
