Around the Net
Simon Out At Walmart
- USA Today, Monday, July 28, 2014 9:13 AM
Wal-Mart, whose sales have been sluggish, said Thursday that its U.S. CEO, Bill Simon, is stepping down and is being replaced by the head of the company's Asia operations. Simon had been in the role since June 2010, and was in line to be the global CEO. Doug McMillon was tapped for that job. Simon will be replaced by Gregory Foran and start a six-month consulting contract.
