The current president and chief executive officer, Chen Wenyuan, will officially resign and leave on June 15.
Editor’s note: This article comes from the WeChat public account “ID: Lingshouzixun” .
Author / Liang Ying
Editor / Zhu Zhenjia
Somewhat unexpectedly, Wal-Mart China suddenly announced a coaching change.
On May 7, “Lian Shang” learned that Wal-Mart appointed Zhu Xiaojing as President and Chief Executive Officer, effective from May 8. After three years of work, the current president and chief executive officer, Chen Wenyuan, will officially leave office on June 15 due to personal family reasons and return to Singapore to reunite with his family.
Walmart China harvests the best performance in 5 years
Yue Mingde, Wal-Mart Global Executive Vice President, Wal-Mart Global Sourcing and Asia CEO, gave Chen Wenyuan a high rating in the official draft.
“China ’s retail industry is undergoing disruptive changes. There is a CEO with“ consumer-centered ”as its core value, an in-depth understanding and innovative spirit of enterprise digital operations. On the basis of outstanding results, it is very important for us to continue to lead Wal-Mart China to create good results. “
Public information shows that in 2017, Chen Wenyuan joined Wal-Mart. On March 1, 2018, he was promoted from Wal-Mart hypermarket China business president to Wal-Mart China president and CEO. In the three years of managing Wal-Mart China, he led Wal-Mart University. The business development of the two major formats of the store and the Sam member store in China has taken the first step of Wal-Mart’s “small hypermarket”, promoting the cooperation between Wal-Mart and JD Daojia and the development of O2O business.
In fact, under Chen Wenyuan’s rule, Wal-Mart China has achieved good results rarely seen in recent years. In January of this year, Wal-Mart China reviewed the performance of the past year and announced that its omni-channel online and offline sales scale maintained a three-digit growth, and its digital customers exceeded 50 million.
“The third quarter of 2019 financial report shows that Wal-Mart has achieved the best performance in the Chinese market in five years. Total sales increased by 6.3% and comparable sales increased by 3.7%. Due to the growth of fresh food and omni-channel sales, Sam Members Store sales reached a double-digit comparable growth. “Chen Wenyuan once said.
Everything seems to be moving in a good direction.
However, the latest Wal-Mart official appointment today is a bit unexpected.
Walmart China welcomes its first female CEO
Before joining Wal-Mart, Zhu Xiaojing served as President of New Zealand Fonterra Group Greater China, and was fully responsible for the company ’s