Walmart de Mexico prez named chief for Latin America
December 18, 2009,
Bentonville, Ark.– Wal-Mart Stores Inc. has promoted Eduardo Solorzano, president and ceo of Walmart de Mexico, to executive vp, president and ceo of Walmart Latin America, responsible for Walmart's operations in Argentina, Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua and Puerto Rico. In addition, Walmart de Mexico has elected Solorzano chairman of the board.
Solorzano will be based in Walmart's Latin American regional office in Miami. His new appointment is effective Jan. 18.
Solorzano has led Walmart de Mexico since 2005 and was responsible for the creation of Banco Walmart, the company’s first bank, as well as the Bodega Aurrera Express format.