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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,, and, 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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