Scott Price redesignated president & CEO of Walmart Asia

U.S. retail giant Walmart on Tuesday said Scott Price (in picture) has been renamed president and chief executive officer of Walmart Asia with immediate effect. File photo

U.S. retail giant Walmart on Tuesday said Scott Price has been renamed president and chief executive officer of Walmart Asia with immediate effect, six months after he was promoted to take up an international role.

Mr. Price will continue to lead important functions at the Walmart home office that span its entire international portfolio, the company said.

“Scott Price, who is currently executive vice-president, strategy and international development, Walmart Stores, will take on the additional responsibility as President and Chief Executive Officer — Walmart Asia, effective immediately,” a Walmart spokesperson told PTI.

The regional role in Asia is an addition to these responsibilities. He will operate out of Walmart’s headquarters in Bentonville.

“This includes managing real estate, information technology, private brands and business development,” the company said.

In April, Walmart China head Greg Foran replaced Mr. Price as the new chief executive for Asia.