Asda CEO Bond to Change Roles

BENTONVILLE, Ark. — Wal-Mart Stores on Monday said Andy Bond, the president and chief executive officer of its Asda chain in the U.K., will leave those positions and become chairman of the chain's executive committee.

BENTONVILLE, Ark. — Wal-Mart Stores on Monday said Andy Bond, the president and chief executive officer of its Asda chain in the U.K., will leave those positions and become chairman of the chain's executive committee. He will continue to oversee day-to-day management until a successor is named, the company said.

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