Scott Price named President & Chief Executive Officer – Walmart Asia

Walmart executive takes on new responsibilities in Asia

November 4, 2014 - Wal-Mart Stores, Inc. today announced that Scott Price, Executive Vice President, International Strategy and Business Development, will take on additional responsibility as President and Chief Executive Officer – Walmart Asia, based at Walmart’s global headquarters in Bentonville, Arkansas.

Price regains responsibility for the company’s operations in China, Japan and India, after previously leading the division from 2009 through 2014. The role was vacated by Greg Foran back in July, when he was named President and CEO of the Walmart U.S. business.

Before joining Walmart, Scott served as chief executive officer of DHL Express Europe. Prior to that, he was chief executive officer, DHL Express Asia Pacific and the president of DHL Express Japan, DHL's largest market in the Asia Pacific region. Before joining DHL, Scott spent a decade with the Coca-Cola Company. During that period, he assumed various roles which included country leader in Japan, and as director and region manager in China.

Walmart has a significant presence in Asia with nearly 130,000 associates, more than 850 store units and ecommerce websites in China, Japan and India.

About Walmart:
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere -- in retail stores, online, and through their mobile devices. Each week, more than 245 million customers and members visit our almost 11,053 stores under 71 banners in 27 countries and ecommerce websites in 10 countries. With fiscal year 2014 sales of over $473 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://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.