Wal-Mart names new chief for Latin America

01/13/2013 | Bloomberg Businessweek

Wal-Mart Stores has promoted executive Enrique Ostale to president and CEO 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 heads Wal-Mart's operations in Chile.

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