Newell Rubbermaid Adds Distinguished Retail Executive to Board of Directors
Newell Rubbermaid (NYSE: NWL) today announced that former Wal-Mart Stores, Inc. executive Ignacio Perez Lizaur has been elected to the company's board of directors, returning the total number of directors to 12.
Perez Lizaur, age 60, is recognized as one of the leading architects of Walmart's expansion into Latin America. As Director General of Sam's Club Mexico in 1991, he headed Walmart's very first international venture. Perez Lizaur subsequently drove significant sales growth in the region through a series of assignments leading Walmart operations in Argentina, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Puerto Rico. His 26-year career with Walmart culminated in the position of Executive Vice President of Operations for the Sam's Club division, with responsibility across 600 stores in the U.S. Upon retiring in 2010, he was appointed to Walmart's hall of fame for his contributions to the retailer's international development.
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