Executive Shift In Wal-Mart’s China Business
by February 8, 2015 12:01 am 110 views
Wal-Mart has created a new executive position in its China market.
The retail giant has appointed Maggie Sans to senior vice president and chief corporate affairs officer in China.
The position was created with the goal of improving the retailer’s reputation after accounting, inventory and food-safety missteps in recent years.
“She will be responsible for elevating our corporate reputation in China and helping shape the political environment for our continued growth,” Dan Bartlett, executive vice president of corporate affairs, noted in the memo to employees on Friday (Feb. 6).
Sans will oversee company initiatives that include food safety, sustainability and energy savings, he noted.
Ray Bracy, senior vice president of corporate affairs for Wal-Mart China, will return to the U.S. in the coming months. He will retire in January, according to the memo.