Seiyu accepts 5 Wal-Mart execs as board members

Seiyu accepts 5 Wal-Mart execs as board members

TOKYO, Japan - Seiyu Ltd. President Masao Kiuchi (R) speaks at a news conference in Tokyo on March 26, flanked by Jeff McAllister, senior vice president and chief operating officer of Wal-Mart International. McAllister is one of five Wal-Mart representatives appointed to Seiyu's board of directors. Wal-Mart became the largest shareholder of Seiyu in December 2002 by buying new shares issued by Seiyu to take an equity stake of 37.7%. (Kyodo)

  • Product Code
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