Wal-Mart Stores has appointed the former chief executive of Russia’s largest retailer by sales to a senior executive role.

The US retail giant has named Lev Khasis, the former CEO of X5 Retail Group, as chief leverage officer for its international operations.

Wal-Mart said Khasis will be responsible for “integration, purchase leverage and innovation” within its business units outside the US.

More to come….

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