Eduardo Castro-Wright
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Eduardo Castro-Wright is the former Vice Chairman and CEO of the Walmart’s Global eCommerce and Global Sourcing businesses, he retired on July 1, 2012.[1] Castro-Wright previously served as the President and CEO of Wal-Mart Stores USA, the United States division of the world's third largest corporation by revenue according to the 2008 Fortune 500.[2][3]
Childhood and family
Castro-Wright was born in Ecuador and is the second oldest of eight siblings in a tightly knit retailing family. His grandfather founded a supermarket more than 50 years ago that became that nation's largest chain. He has three daughters with his wife Fabiola De Castro.
Career
Castro-Wright graduated in 1975 from
On April 21, 2012, The New York Times reported that Castro-Wright was implicated in a vast corruption scheme while serving as head of Walmart's Mexico unit. The Times reported that he approved paying millions of dollars in bribes to Mexican officials to secure quick approval of permits to build new stores.[4]
References
- ^ a b c "Walmart Corporate - Walmart Vice Chairman Eduardo Castro-Wright to Retire in 2012". news.walmart.com. Archived from the original on 2013-12-03.
- ^ a b Jenny Mero & Matthew Boyle (2006-01-24). "Rising Star: Eduardo Castro-Wright, Wal-Mart: Meet Corporate America's next generation of leaders". Fortune. Retrieved 2009-07-30.
- ^ Staff Writer. "Fortune Global 500." CNN/Fortune. 2007. Retrieved on November 8, 2007.
- ^ Barstow, David (April 21, 2012). "At Wal-Mart in Mexico, a Bribe Inquiry Silenced". The New York Times.