Wal-Mart Stores Inc., has announced that Scott Price has been named executive vice president, president and CEO, Walmart Asia. In this role, he will report directly to Doug McMillon, president and CEO, Walmart International, and have responsibility for the company’s current operations in Asia, including China, India and Japan as well as business development in the Asia region. Based in Walmart’s regional office in Hong Kong, Price will assume his role Oct. 15.
Price most recently served as CEO of DHL Express Europe. Prior to that, he was chief executive officer, DHL Express Asia Pacific. He also was the president of DHL Express Japan, DHL’s largest market in the Asia Pacific region. Prior to joining DHL, Price spent a decade with The Coca-Cola Company. During that period, he assumed various roles which included country leader in Japan, and as director and country manager in China, which included Hong Kong, Macau and Mongolia.
“Scott brings tremendous global and regional experience and expertise to this position. He is the ideal candidate to lead this highly competitive region,” says Doug McMillon, president and CEO, Walmart International.
“I am excited to join Walmart and build on its strategy to save people money so they can live better around the world. I know the Asian business is growing at a fast pace, and I’m looking forward to being part of a company that is making such a positive difference in this global economy,” says Scott Price.
A U.S. native, Price earned a Bachelor of Arts in business administration from the University of North Carolina. He also holds an MBA and a Master of Arts in Asian studies from the University of Virginia.
— IndiaRetailing Bureau
