By  on January 7, 2009

Wal-Mart Stores Inc. on Wednesday promoted Doug McMillon to oversee the company’s second largest operating segment, Wal-Mart International, as president and chief executive officer.

McMillon, currently president and ceo of Sam’s Club, will replace and report to Mike Duke, who has been named to succeed H. Lee Scott as the company’s president and ceo. Duke and McMillon will assume their new roles Feb. 1.

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