Wal-Mart has announced that Neil Ashe is the new president and CEO of the company's global e-commerce business, replacing Eduardo Castro-Wright who has announced his pending retirement in September.
'E-commerceis a great opportunity for us and we have a long-term vision to win,' said Mike Duke, Walmart’s president and CEO. 'We are on track to create the next generation of e-commerce, combining the latest in online innovations with physical stores to give our customers a unique and seamless shopping experience.
Duke continued, “With his strong personal leadership skills, financial background and experience in successfully working within a major corporation to lead its Internet division, Neil is the ideal leader to help us build this business. He has led companies through all stages of growth and maturity. He also hasa deep understanding of the interactive space and how to attract and convert online customers. Perhaps most importantly, much of Neil’s professional success has come through close collaboration and shared goals with his peers – a key attribute as we continue to integrate our online businesses across the company and with our physical stores.”
And Ashe added: 'Walmartis a special company. Growing up in East Tennessee, I haveseen first-hand the difference it can make in the lives of its customers. E-commerce gives us a huge opportunity to expand and bring savings to many more people around the world. We have great things aheadof us and I am eager to get started and join the talented team already in place.'
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