Wal-Mart names new chief for Latin America

01/13/2013 | Bloomberg Businessweek

Wal-Mart has promoted executive Enrique Ostale to the post of president and chief executive officer for Latin America, effective March 1, upon the retirement of Eduardo Solorzano. Ostale joined the company when Wal-Mart acquired Chilean supermarket operator Distribucion y Servicio in 2009, and currently heads Wal-Mart's operations in Chile.

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