Oct 17, 2011 06:38 PM

Walmart China CEO Resigns

(Beijing) – Walmart China CEO Chen Yaochang announced his resignation October 17, along with one other senior executive at the company.

Wang Yujia, the company's Senior VP, resigned the same day. Walmart spokeswoman Li Ling told Caixin that both Chen and Wang left the company for "personal reasons," and that the exits were unrelated to a scandal over pork mislabeled as organic in Chongqing.

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