Wal-Mart Taps Asia Chief as New CEO of US Division
date:Jul 25, 2014
rying to integrate its e-commerce business with brick-and-mortar sales.

Foran will receive a salary of $950,000, along with an incentive plan earning him as much as 300 per cent of that pay, or about $2.9 million. He also is eligible for an annual equity award with a target value of about $4.9 million, plus $1.63 million in restricted shares, and a $500,000 one-time cash payment.

Foran has more than 30 years of retail experience in operations, merchandising and marketing. He previously headed
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