Wal-Mart Stores has announced that senior vice president of finance, Charles Holley, has been promoted to executive vice president, finance and treasurer.
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Holley will continue to oversee finance, tax and investor relations and will take on additional responsibility for treasury. He was promoted to senior vice president, controller of Wal-Mart in 2003, and was named senior vice president, finance in December 2005, having joined Wal-Mart from the Tandy Corporation in 1994.
Jay Fitzsimmons, currently senior vice president, treasurer, is set to retire on 31 January.
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By GlobalData
In addition, Steve Whaley has been promoted from vice president, controller to senior vice president, controller, and will serve as principal accounting officer.
