Gurugram: Walmart India has promoted Sameer Aggarwal to the position of Chief Executive Officer for its Best Price wholesale stores from April 1.
He will report directly to Dirk Van den Berghe, Executive Vice President and Regional CEO of Asia and Global Sourcing.
Aggarwal is taking over the CEO position from Krish Iyer who is retiring from full-time management and will assume the role of an advisor to Best Price after eight years with the company.
Aggarwal joined Walmart India in April 2018 as Executive Vice President overseeing strategy and administration and was promoted to Deputy CEO in January 2020.
In January, Walmart laid off 56 associates across levels at the India corporate office while looking for ways to operate more efficiently in an underserved market.
