OPERATIONS

Wal-Mart Names Emerging Markets President

BY CSA STAFF

Bentonville, Ark. Wal-Mart Stores said Monday it has appointed Stephan Fanderl to lead the company’s efforts to explore retail business opportunities in Russia and neighboring markets. Fanderl will serve as president of Wal-Mart emerging markets–East.

Fanderl joined Wal-Mart from the Rewe Group, a German retailer and travel company, where he most recently served as head of supermarkets and hypermarkets.

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Best Buy Appoints New Board of Directors Member

BY CSA STAFF

Minneapolis Best Buy Co. announced the appointment of G. Mike Mikan to its board of directors. Mikan’s term will expire in 2009.

Mikan was appointed executive VP and CFO, UnitedHealth Group, in November 2006. Mikan previously served as CFO for UnitedHealthcare and CFO for Specialized Care Services (now OptumHealth).

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Walgreens Announces Exec Promotions

BY CSA STAFF

Deerfield, Ill. Walgreens said Hal Rosenbluth, president, Walgreens Health and Wellness division, has been named a corporate VP.

Rosenbluth is the co-founder and chairman of Take Care Health Systems, a wholly owned subsidiary acquired by Walgreens in 2007.

Walgreens also promoted Rick Hans from director of finance to divisional VP of investor relations and finance.

Hans, who is also an assistant treasurer for Walgreens and a chartered financial analyst, oversees investor relations, financial analysis, financial services, banking and employee stock plans.

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