Filed Under: Blogante Business, Business, Press Releases
Tagged: latin america, Wal-Mart
Wal-Mart Stores, Inc., today announced that Vicente Trius, Executive Vice President, President and CEO of Wal-Mart Asia, has been named Executive Vice President, President and CEO of Wal-Mart Latin America.
Trius led the Wal-Mart Asia operation for the past year, during which time he supervised the opening of more than 40 new stores in China, the introduction of Every Day Low Pricing to Japan through the company’s Seiyu unit and continued progress with that unit’s turnaround, as well as the completion of the company’s first distribution center in India, and the anticipated opening of its first wholesale cash and carry facility there during the second quarter of 2009.
Based in the Latin America regional office in Miami, Trius will assume his new role July 6. His successor in Asia will be named at a later date. In the interim, the Wal-Mart Asian operations will report to Doug McMillon, President and CEO, Wal-Mart International.
Prior to the Asia regional office, Trius led Wal-Mart Brazil for 11 years – a period during which the company grew from its first stores to a successful national retail operation with 319 outlets and 63,000 associates.
“His prior experience in Brazil and his knowledge of emerging markets makes him the ideal candidate to lead our Latin American operations,” McMillon said. “In addition, his contributions to Wal-Mart Asia with stores in China, Japan and India have positioned Wal-Mart for strong growth in the region. Under his leadership, Wal-Mart established a regional headquarters in Hong Kong. He has also been a global champion of Wal-Mart’s social and environmental sustainability programs, most notably hosting the first global supplier sustainability summit in Beijing.”
Trius has received numerous awards and honors including ‘Executive of Value’ from the Brazilian Retail Sector in 2006 and 2007 as well as the Sam M. Walton Entrepreneur of the Year Award in 2006, the highest honor awarded to a Wal-Mart associate worldwide.
“I have really enjoyed my time at Wal-Mart Asia and want to thank all of our associates, suppliers, and partners who have contributed to building such a successful operation in China, Japan and India,” said Trius. “I have learned so much from this fantastic experience and am looking forward to sharing these experiences with the Latin America team.”
Wal-Mart has a significant presence in Latin America with over 325,000 associates and retail units in Argentina, Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua and Puerto Rico.
Trius’ education includes an Executive MBA at Darden School of Business and studies at the Harvard Business School of Executive Education, Ashridge College in the U.K., and the University of Barcelona.
About Wal-Mart
Wal-Mart Stores, Inc. (NYSE: WMT) serves customers and members more than 200 million times per week at more than 7,800 retail units under 55 different banners in 15 countries. With fiscal year 2009 sales of $401 billion, Wal-Mart employs more than 2.1 million associates worldwide. A leader in sustainability, corporate philanthropy and employment opportunity, Wal-Mart ranked first among retailers in Fortune Magazine’s 2009 Most Admired Companies survey. Additional information about Wal-Mart can be found by visiting www.walmartstores.com. Online merchandise sales are available at www.walmart.com and www.samsclub.com. “
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Knowledge is Power and this page is just the start. Hispanics/Latinos are a growing diverse force in this country. Check out some of the 53,939 items found on this site below or dig into the Site Map
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