September 27/Zurich, Switzerland/MarketWatch -- Swiss food and beverages giant Nestle SA appointed Wal-Mart Stores Inc. executive Wan Ling Martello as its chief financial officer, replacing Jim Singh, who will retire next spring.
Martello, currently Walmart's executive vice president of global e-commerce for emerging markets, which is one of the fastest-growing business segments of the world's largest retailer, is scheduled to assume her new role April 1, 2012, after Singh's retirement.