By  on January 11, 2013

Wal-Mart Stores Inc. on Friday named Enrique Ostale president and chief executive officer of Wal-Mart Latin America, effective March 1.


Ostalewill take the reins of the retail giant’s operations in Argentina,Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Mexico andNicaragua at a difficult time for the Bentonville, Ark.-based retailerand its international division. Wal-Mart is facing an ongoinginvestigation into possible bribery in multiple global markets, withMexico taking center stage.

To access this article, click here to subscribe or to log in.

load comments
blog comments powered by Disqus