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Wal-Mart names top China execs following resignations

BENTONVILLE, Ark. — Wal-Mart Stores said Friday it has replaced two of its top executives in China who resigned earlier this month.

Mario-José Medina will serve as the head of Wal-Mart financial operations in China. He previously worked as the CFO of Wal-Mart Chile, and was hired in 2007 to be the CFO of Wal-Mart Puerto Rico.

The company also said that Del Sloneker, a former senior VP, will become COO in China.

The appointments come after previous China CFO Roland Lawrence, along with COO Rob Cissell, resigned in mid-May, according to a Wall Street Journal online report.