News: Murali Lanka to be named COO of Walmart's Indian unit

C-Suite

Murali Lanka to be named COO of Walmart's Indian unit

Walmart Stores is appointing Murali Lanka, an executive at its US business, chief operations officer of its Indian unit, according to two company officials familiar with the matter. Lanka will lead store operations, sales, business development and marketing, and report to India chief executive officer Krish Iyer, said the people, who asked not to be named as they aren't authorised to comment on the matter. The move marks a return to India for Lanka, who had been part of the founding team at WalMart's joint venture with billionaire Sunil Mittal's Bharti Enterprises before it broke up last year, a blow to the Bentonville, Arkansas-based retailer's expansion plans in the world's second-most populous nation.

Walmart Stores is appointing Murali Lanka, an executive at its US business, chief operations officer of its Indian unit, according to two company officials familiar with the matter. Lanka will lead store operations, sales, business development and marketing, and report to India chief executive officer Krish Iyer, said the people, who asked not to be named as they aren't authorised to comment on the matter. The move marks a return to India for Lanka, who had been part of the founding team at WalMart's joint venture with billionaire Sunil Mittal's Bharti Enterprises before it broke up last year, a blow to the Bentonville, Arkansas-based retailer's expansion plans in the world's second-most populous nation.

Read the Economic Times news report here.

Read full story

Topics: C-Suite, #Appointments, #Corporate

Did you find this story helpful?

Author


QUICK POLL

Post-COVID, which aspect of work will technology impact the most?

2 months free subscription
q_auto,f_auto/v1596198837/mag-august-2020.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

Interested in daily dose of short & crisp insights from the world of work?