Friday, February 23, 2007

Several Wal-Mart top brass leaving the company

Wal-Mart's top brass in India is facing an upheaval before it has even opened its first store. Senior Wal-Mart executive Randy Guttery has left the company and could be joining Metro cash-and-carry, whose CEO left to join Reliance Retail as head of its hypermarket division. Guttery has reportedly left over difference in opinion with Raj Jain, the CEO designate for India. Another senior Wal-Mart executive who has left is Lance Retig, who the company states has simply completed his assignment and will be returning to the US.

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