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Wal-Mart names new president for e-commerce

Brisbane, CA — Wal-Mart Stores has promoted John Fleming to president and ceo of Walmart.com. Previously coo, he will continue to report to Tom Schoewe, executive vp and cfo of Wal-Mart Stores.

"Walmart.com is more deeply integrated with the overall Wal-Mart operation than it has ever been. We are also pleased with the development of our online business," said Lee Scott, president and ceo of Wal-Mart Stores.

The company noted in a press release that the site is experiencing a strong holiday season, particularly in toys, electronics and home, and is seeing significant increases in site traffic and sales over last year.

Fleming joined Walmart.com in 2000 as chief merchant, overseeing procurement of merchandise and managing supplier relations. He was previously senkor vp of merchandising for Marshall Fields, a division of Target.

He succeeds the chief executive role formerly held by Jeanne Jackson.

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