Tuesday, December 12, 2006

Wal-Mart brings in own high level executives

The Economic Times reports that Wal-Mart and Bharti Enterprises highly anticipated entry to the Indian retail market is not going to create any HR ripples within India. The company will be filling in crucial spots with its own senior executives. One top industry emphasized that the company “doesn’t need to learn retailing from Indian executives”. Andy Guttery and Lance Rettig are likely to head the Indian operations, along with Raj Jain, who will be heading the cash-and-carry business and has been training for the job in Shanghai.

The CFO position is likely to be an Indian and is being scouted by a search firm. Other important back end operations such as logistics, sourcing and merchandising will be taken care of by Wal-Mart executives also. Lance Rettig is likely to be incharge of all overall operations and also of market research and business development. Andy Guttery’s exact job is not yet known, but he will be relocating to India. He was earlier with the company’s South Korean operations.

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