Home / Knowledge / News / Apparel/Garments / Walmart names Enrique Ostalé as CEO of Latin America
Walmart names Enrique Ostalé as CEO of Latin America
15
Jan '13
Wal-Mart Stores, Inc. announced that Enrique Ostalé, president and CEO of Walmart Chile, formerly D&S, has been named executive vice president, president and CEO of Walmart Latin America, where he will oversee Walmart’s operations in Argentina, Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Mexico and Nicaragua.

Based in Walmart’s Latin American regional office in Mexico City, Ostalé will assume his new role on March 1st. Eduardo Solórzano will retire as president and CEO of Walmart Latin America and continue to serve as chairman of the board of directors at Walmart de México.

Ostalé joined D&S in 1989, serving as the manager of the company’s finance division, merchandising division and Lider format division, and then as the CFO. In 2000 Ostalé left D&S to serve as CEO of El Mercurio Online, the website for Chile’s El Mercurio Newspaper.

He later served as dean of the business school of the Adolfo Ibanez University from 2002 to 2006. In 2006, Ostalé rejoined D&S as president and CEO. Following Walmart’s acquisition of D&S in 2009, Ostalé was key in leading D&S’s successful transformation to Walmart Chile. 

Gian Carlo Nucci, currently executive vice president and COO of Walmart de México, has been named to replace Ostalé as president and CEO of Walmart Chile. Nucci joined Walmart de México in 1993 and served in several roles, including responsibilities for all Sam’s Club operations in Mexico, before being named vice president, VIPS Restaurants, in 2003.

He then served as vice president, Superama, before being promoted to senior vice president, Sam’s Club and then executive vice president, Specialized Formats.  Nucci was appointed COO of Walmart de México in January, 2010.

“Eduardo, Enrique and Gian Carlo have each made contributions that have fostered the development of Walmart in Latin America,” said Doug McMillon, president and CEO of Walmart International. “For 27 years, Eduardo has been a champion for our customers in Mexico and across Latin America, and we are pleased he’s staying on as chairman of Walmart de Mexico. Under his leadership, the first Walmart Bank was founded, Central America became part of Walmart de México and the Every Day Low Prices strategy extended to Central and South America.

"Likewise, Enrique’s leadership in Chile has been key to both the successful integration of D&S with Walmart following our 2009 acquisition, and also to Walmart Chile’s ongoing success. Gian Carlo’s experience and record of accomplishments at Walmart de México ensure we will continue to innovate in service to our customers in Chile.”

“Walmart’s Latin American operations hold tremendous potential for our company and I look forward to building on our success in these markets,” Ostalé said. “I am honored to expand our mission across the region to provide many more families, many of whom today lack access to products and services at low cost, the opportunity to live better lives.”


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search