(Filed Under Financial and General Interest News). Wal-Mart Stores Inc. has appointed Andy Clarke president and chief executive officer of its U.K. chain Asda Group Ltd, effective immediately. Clarke has held the role of chief operating officer with Asda since 2007. With Clarke’s appointment, current president and chief executive officer Andy Bond will transition to the role of chairman of Asda’s executive committee.
“I’m delighted to appoint Andy Clarke to be more successor,” Bond said. “He was clearly the right choice from the internal and external candidates we considered. I’m looking forward to doing everything I can to ensure a smooth transition for Andy in his new role.”
Asda Stores, Ltd. is one of Britain’s leading retailers, with 374 stores throughout the country.
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