Wal-mart Exec Castro-wright To Retire In 2012

Eduardo Castro-Wright, 56, Vice Chairman and CEO of Wal-Mart’s Global eCommerce and Global Sourcing businesses, will retire on July 1, 2012.

Walmart’s goal is to name new leadership for these businesses by the end of January, after which Castro-Wright will assist in the transition.

"Eduardo has made many contributions at Walmart, beginning in Mexico and continuing until today," said Walmart CEO Mike Duke. "He has been a strong advocate for our customers and in every assignment has brought passion and commitment to the job. He has also built talented teams wherever he has led."

Castro-Wright joined Walmart in 2001 as president and COO of Walmart Mexico and was promoted to president and CEO of that business in 2003.

He also served as COO for a short period until being named president and CEO of Walmart U.S. in 2005. He was promoted to Vice Chairman in 2008 and assumed his current responsibilities in August of last year. Since that time, Castro-Wright has overseen global sourcing and the expansion of the company’s global eCommerce technology, including its acquisitions into social and mobile commerce.