Walmart de México y Centroamérica CEO Ignacio Caride resigned after just over a year in the role, following a 10% quarterly profit decline. Cristian Barrientos Pozo, CEO of Walmart Chile and former Walmex executive, has been named interim CEO as a formal search begins.
Key Takeaways
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Unexpected leadership change after profit drop
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Barrientos brings strong retail background
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Analysts predict potential operational gains
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