Walmart Combines Real Estate and Central Operations in One Role
This article is for subscribers only.
In a push to streamline its sprawling business, Walmart Inc. has added real estate to the responsibilities of one of its top U.S. executives.
Mark Ibbotson, the executive vice president of U.S. central operations at the world’s largest retailer, will take over the company’s realty division, according to an internal memo obtained by Bloomberg News. Walmart’s current head of real estate, JP Suarez, will move to the international side of Walmart, where he’ll serve as an executive vice president and chief administration officer.