Walmart has appointed Sameer Aggarwal to CEO of its India operations following the retirement of Kris Iyer, effective 1 April.
Former CEO Kris Iyer will retire from full-time management after eight years with the company and will assume the role of an advisor to Best Price, Walmart India.
Aggarwal joined Walmart India in April 2018 as executive vice president and was promoted to deputy CEO in January 2020.
Prior to Walmart, Aggarwal has held several leadership roles at company’s including Yum! Brands in Southeast Asia, Sainsbury’s in the UK and China, and McKinsey & Co in Australia.
“I greatly appreciate the opportunity to lead our business in one of Walmart’s most important markets,” said newly-appointed Walmart India CEO Aggarwal.
“I look forward to continuing to work with the outstanding team we have here to ensure Best Price, Walmart India remains a great place to work and a great partner to our members and suppliers. We have thrived under Krish’s leadership and I am grateful for all he has done to build the Best Price Walmart brand in India and strengthen relationships with our key stakeholders.”
Under his new role, Aggarwal will report directly to Dirk Van den Berghe, executive VP, global sourcing and CEO of Walmart Asia.
“Sam has done a fantastic job in the past two years. He led the charge to make our proposition more customer centric, developing digital offerings to prepare for our omnichannel services in the future,” said Van den Berghe.
“He has a keen ability to understand complex situations and take decisive action to accelerate our business. He’s also a strong people leader who exemplifies our Walmart values of service, respect, excellence and integrity. I look forward to seeing him make a greater impact for our Best Price members and associates in India.”
In October last year, John Furner was named the new CEO of Walmart’s US operations following the departure of Greg Foran.
© FoodBev Media Ltd 2019