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David Cheesewright Named President and CEO of New Walmart Regional Management Team


WEBWIRE

Executive will lead retail operations in Canada, United Kingdom and Africa

BENTONVILLE, Ark., – Wal-Mart Stores, Inc. today announced the appointment of David Cheesewright as executive vice president, president and chief executive officer of a new regional management team. In this newly created role, Cheesewright will lead Walmart’s retail operations in Canada, the United Kingdom and Sub-Saharan Africa, and will oversee business development in Europe, the Middle East, Africa and Canada. Cheesewright will assume his role immediately and report directly to Doug McMillon, president and CEO, Walmart International.

Cheesewright, most recently president and CEO of Walmart Canada, joined Asda, Walmart’s business in the United Kingdom, in 1999. While at Asda, he held a variety of key leadership positions in operations, merchandising, logistics, strategy and format development. Prior to Asda, Cheesewright worked at Mars Confectionary.

Succeeding Cheesewright will be Shelley Broader, who will assume the position of president and CEO of Walmart Canada effective immediately. Broader joined Walmart Canada as chief merchandising officer in December 2010. Prior to Walmart, Broader held a range of key positions with Michael’s and Hannaford Bros.

“Europe, the Middle East, Africa and Canada hold tremendous potential for our company and we are excited to have David Cheesewright leading the team,” said Doug McMillon, president and CEO, Walmart International. “Since joining the company, David has been a champion for our customer, led innovation and delivered returns.”

“Walmart has a strong and successful presence in Canada, Sub-Saharan Africa and the United Kingdom,” said Cheesewright. “I look forward to continuing this success and bringing our mission of saving people money so they can live better to even more families across the region.”

Walmart has more than 283,000 associates and 1,182 retail units in Canada, Sub-Saharan Africa and the United Kingdom.

About Wal-Mart Stores, Inc.

Wal-Mart Stores, Inc. (NYSE: WMT) serves customers and members more than 200 million times per week at 9,667 retail units under 69 different banners in 28 countries. With fiscal year 2011 sales of $419 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://www.walmartstores.com.



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Ed. Note: Wal-Mart Stores, Inc. is the legal trade name of the corporation. The name “Walmart,” expressed as one word and without punctuation, is a trademark of the company and is used analogously to describe the company and its stores. Use the trade name when it is necessary to identify the legal entity, such as when reporting financial results, litigation or corporate governance.



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