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Walmart Names New E-tail Chief

1/17/2012 09:55:52 AM Eastern
San Bruno, Calif. - Walmart has tapped former CBS Interactive president and CNET CEO Neil Ashe as head of its global e-commerce business, effective today.

In his new role as president/CEO, he succeeds vice chairman and former Walmart U.S. chief Eduardo Castro-Wright, who announced his pending retirement in September.

At CBS Ashe led all online properties including CBS.com, CNET.com, CBSNews.com and CBSSports.com, and helped develop new ways to distribute the company's programming.

"E-commerce is a great opportunity for us and we have a long-term vision to win," said Mike Duke, Walmart's president/CEO. "We are on track to create the next generation of e-commerce, combining the latest in online innovations with physical stores to give our customers a unique and seamless shopping experience ... Walmart is the best- positioned retailer to deliver this multichannel experience to consumers, many of whom are already connected to the world through smart phones and social media."
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