date:Jun 09, 2014
ef financial officer of its Japan unit.
The announcement, made in Wal-Mart's annual shareholder meeting on Friday, comes at a time when the company's U.S. same-store sales are falling and it struggles to get beyond a bribery scandal at its Mexico unit that cost it more than $500 million since 2012.
Wal-Mart is also facing increasing dissent from its employees who, backed by unions, are demanding higher wages, better benefits and more full-time jobs.
The company appointed Doug McMillon, 47, as