logo
Plus   Neg
Share
Email

Walmart India Promotes Sameer Aggarwal To CEO Of Best Price - Quick Facts

Walmart India, the Indian arm of U.S. retailer Walmart, Inc. (WMT), announced Wednesday that Sameer Aggarwal has been promoted to Chief Executive Officer of Best Price, Walmart India, effective April 1. He will report directly to Dirk Van den Berghe, Executive Vice President, Global Sourcing and Regional CEO - Asia.

Aggarwal is taking over the CEO position from Krish Iyer, who is retiring from full-time management and will assume the role of an advisor to Best Price, Walmart India after a successful eight years with the company. Iyer will also work with Aggarwal until June 30 to ensure a smooth transition.

Aggarwal joined Walmart India in April 2018 as Executive Vice President overseeing strategy and administration and was promoted to Deputy CEO in January 2020.

Aggarwal has more than two decades of international business experience, including leadership roles at Yum! Brands in Southeast Asia, Sainsbury's in the U.K. and China as well as McKinsey & Co. in Australia.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Tesla has cut prices of its electric cars in North America following a decline in auto demand during the coronavirus-induced lockdowns. The company is also reducing the prices for its vehicles in China. The luxury electric car maker has reduced the prices for its flagship Model S sedan and the Model X sport utility vehicle by $5,000 each. The U.S. Food and Drug Administration granted approval for Artesunate for Injection 110 mg, powder and solvent for solution to biopharmaceutical company Amivas (US), LLC as the only FDA-approved drug now in the U.S. for the first-line treatment of severe malaria in adult and pediatric patients. It is also the first FDA-approved product that Amivas has introduced to their commercial portfolio. Retail giant Walmart Inc. is entering the fashion resale market through its partnership with thredUP, an online consignment store for second-hand fashion and accessories. The deal will enable Walmart to expand its online fashion offerings. Walmart said that starting Wednesday, customers can browse nearly 750,000 pre-owned items across women's and children's clothing, accessories and footwear.
Follow RTT