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tdp2664 E money daily Wal-Mart Stores Inc. (NYSE:WMT) has appointed a new CFO. Change At The Top Of Wal-Mart Stores Inc. (NYSE:WMT) The retail giant Wal-Mart Stores Inc. (NYSE:WMT) has appointed Wan Ling Martello as its chief financial officer, replacing Jim Singh, who will retire next spring. Martello is a U.S. citizen of Chinese and Philippine origin who was born in 1958. Martello has worked at Borden Foods Corp. as corporate controller and from 1998 to 2005 was with NCH Marketing Services Inc as CFO, chief operating officer and then president of its U.S. business. Paul Bulcke, Nestle Chief Executive, said that, “I am confident that Wan Ling will blend well into the Nestle culture. Martello strong experience in finance and the food and beverage business, both from the industry and retail angle, will allow her to further enhance the Nestle model combining top-line growth with continuous margin improvement and an improved return on invested capital.” Wal-Mart Stores Inc. (NYSE:WMT) shares were at 51.73 at the end of the last day’s trading. There’s been a -1.0% change in the stock price over the past 3 months. Wal-Mart Stores Inc. (NYSE:WMT) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.07 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.84 Zack’s Rank: 3 out of 15 in the industry
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