David Cheesewright Named President and CEO of New Walmart Regional Management Team

Shelley Broader Appointed President and CEO of Walmart Canada

MISSISSAUGA, ON, Sept. 28, 2011 /CNW/ - Wal-Mart Stores, Inc. today announced the appointment of David Cheesewright as executive vice president, president and chief executive officer of a new regional management team. In this newly created role, Cheesewright will lead Walmart's retail operations in Canada, the United Kingdom and Sub-Saharan Africa, and will oversee business development in Europe, the Middle East, Africa and Canada. Cheesewright will assume his new role immediately and report directly to Doug McMillon, president and CEO, Walmart International.

Succeeding Cheesewright will be Shelley Broader who will assume the position of president and CEO of Walmart Canada effective immediately. Broader joined Walmart Canada as chief merchandising officer in December 2010 following more than 20 years of leadership experience across the North American retail industry.

Prior to Walmart, Broader was president and COO of Michael's and was responsible for the chain's North American retail operations and more than 1,000 stores in the United States and Canada. For more than 17 years Broader held leadership roles with Hannaford Bros. in the United States and was president and COO of the company's Kash n' Karry chain and president and CEO of the company's Sweetbay Supermarkets chain. Broader began her career in the investment-banking sector advising clients in the American retail industry.

"Walmart Canada is poised for continued growth as Canada's price leader and one-stop shopping destination," said Broader. "I look forward to working with our extremely talented executive team and our associates to exceed customer expectations in every region of Canada."

Cheesewright, most recently president and CEO of Walmart Canada, joined Asda, Walmart's business in the United Kingdom, in 1999. While at Asda, he held a variety of key leadership positions in operations, merchandising, logistics, strategy and format development. Prior to Asda, Cheesewright worked at Mars Confectionary.

"Walmart has a strong and successful presence in Canada, Sub-Saharan Africa and the United Kingdom," said Cheesewright. "I look forward to continuing this success and bringing our mission of saving people money so they can live better to even more families across the region." 

"Europe, the Middle East, Africa and Canada hold tremendous potential for our company, and we are excited to have David Cheesewright leading the team," said Doug McMillon, president and CEO, Walmart International. "We are equally excited to have a leader of Shelley Broader's calibre to lead Walmart Canada and our continued growth in the Canadian market." 

Walmart has more than 283,000 associates and 1,182 retail units in Canada, Sub-Saharan Africa and the United Kingdom.

About Walmart Canada
Walmart Canada operates a growing chain of 329 stores, employs 85,000 Canadians and serves more than one million customers each day. The company is recognized by Waterstone Human Capital as having one of Canada's top 10 corporate cultures. Since 1994, Walmart has raised and donated more than $125 million to Canadian charities and not-for-profit organizations. Additional information about Walmart Canada can be found by visiting www.walmart.ca and on Twitter at http://Twitter.com/walmartcanada

About Wal-Mart Stores, Inc.

Wal-Mart Stores, Inc. (NYSE: WMT) serves customers and members more than 200 million times per week at 9,667 retail units under 69 different banners in 28 countries. With fiscal year 2011 sales of $419 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://www.walmartstores.com.

Image with caption: "Shelley Broader has been appointed President and CEO of Walmart Canada. (CNW Group/WAL-MART CANADA CORP.)". Image available at: http://photos.newswire.ca/images/download/20110928_C7151_PHOTO_EN_3915.jpg


For further information:

Canada media: Andrew Pelletier, 905-821-2111 x74585

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