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Holley promoted to treasurer at Wal-Mart

Bentonville,Ark.Wal-Mart Stores has promoted senior vp, finance Charles Holley to executive vp, finance and treasurer.

Holley, who reports to evp and cfo Tom Schoewe, will continue to oversee finance, tax and investor relations and will take on additional responsibility for treasury. Jay Fitzsimmons, currently svp, treasurer, will retire on Jan. 31.

Steve Whaley has been promoted from vp, controller to svp, controller, and will serve as principal accounting officer, reporting to Schoewe.  Holley joined Wal-Mart from the Tandy Corporation in 1994 and served as svp and cfo of Wal-Mart’s International Division. He was promoted to svp, controller of Wal-Mart Stores, Inc. in 2003, and was named svp, finance in December 2005.

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