Executive will lead 1,345 retail units; more than 285,000 associates
MISSISSAUGA, Ontario, May 30, 2014 -- Wal-Mart Stores, Inc. (NYSE: WMT) today announced the promotion of Shelley Broader, currently president and CEO of Walmart Canada, to executive vice president, president and CEO of Walmart EMEA. In her new role, Ms. Broader will lead Walmart’s retail operations and oversee business development in Europe, the Middle East, Sub-Saharan Africa and Canada and will report directly to David Cheesewright, president and CEO, Walmart International. The company will announce Ms. Broader’s successor at a later date. She will continue to have responsibility for the Canadian market -- along with Europe, the Middle East and Sub-Saharan Africa -- until her successor is in place.
Ms. Broader, who will assume her new role effective June 1, joined Walmart Canada as chief merchandising officer in December 2010 and was promoted to president and CEO of Walmart Canada in September 2011. She joined Walmart with more than 20 years of leadership experience across the North American retail industry which included key leadership roles with retailers Michael’s and Hannaford Bros.
“Shelley has been a strong leader since joining Walmart Canada and is the ideal person to leverage the tremendous potential the EMEA region holds for our company,” said Mr. Cheesewright. “Shelley’s leadership of our business in Canada during a time of increased competition underscores her knowledge of the retail environment which will serve her well in her new role.”
According to Ms. Broader, “Walmart has strong operations and excellent teams of associates in Canada, Sub-Saharan Africa and the United Kingdom that are well-positioned to drive future growth. I look forward to working with the teams to build on this success and to bring our mission of saving people money so they can live better to even more families across the region.”
Walmart employs more than 285,000 associates and operates more than 1,345 retail units in Canada, Sub-Saharan Africa and the United Kingdom.
About Walmart Canada
Walmart Canada operates a growing chain of 390 stores nationwide serving more than 1.2 million customers each day. Walmart Canada’s flagship online store, www.walmart.ca, is visited by 300,000 customers daily. With more than 95,000 associates, Walmart Canada is one of Canada’s largest employers and is ranked one of the country’s top 10 most influential brands. Walmart Canada’s extensive philanthropy program is focused on supporting Canadian families in need, and since 1994 Walmart has donated and raised more than $200 million to Canadian charities. Additional information can be found at walmartcanada.ca, facebook.com/walmartcanada and at twitter.com/@walmartcanada.
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online and through their mobile devices. Each week, more than 250 million customers and members visit our 10,994 stores under 71 banners in 27 countries and ecommerce websites in 10 countries. With fiscal year 2014 sales of approximately $473 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity.
Canada media: Andrew Pelletier, 905-821-2111 x74585
International media: Kevin Gardner, 479-273-4314
Investors: Carol Schumacher, 479-277-1498