Asda Names New President
May 24, 2010,
Wal-Mart Stores Inc. has promoted chief operating officer Andy Clarke to president and ceo, effective immediately.
As Clarke steps into his new position, Andy Bond will now become chairman of Asda's executive committee.
“I'm delighted to appoint Andy Clarke to be my successor,” said Andy Bond. “He was clearly the right choice from the internal and external candidates we considered. I'm looking forward to doing everything I can to ensure a smooth transition for Andy in his new role.”