Report: Wal-Mart to reappoint Price as Asia CEO

Bentonville, Ark. -- Wal-Mart Stores Inc. is reportedly reappointing Scott Price as president and CEO of its Asia business. According to Bloomberg, Wal-Mart will let Price, who previously held the position from 2009 until June 2014, work from the retailer’s U.S. headquarters.



Price will continue to hold his current position as executive VP of international strategy, according to a spokesperson for Wal-Mart China. Greg Foran briefly served as president and CEO of Wal-Mart Asia from June-July 2014 before being named president of Wal-Mart’s U.S. division, with nobody named interim replacement. Price, who previously held executive positions in the Asian operations of DHL and Coca-Cola, will oversee the realignment of Wal-Mart’s Seiyu banner in Japan, among other responsibilities.