By  on September 27, 2011

The world’s biggest food group, Nestlé SA, on Tuesday said it has hired a key member of the executive team of the world’s largest retailer, Wal-Mart Stores Inc.

Wan Ling Martello, executive vice president of global e-commerce for emerging markets at Wal-Mart, will become executive vice president and chief financial officer of Nestlé when Jim Singh retires at the end of March.

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