Former Alibaba Executive Liu Peng Appointed President of Sam’s Club China
Walmart China has officially appointed Liu Peng, a former senior executive at Alibaba Group, as the new president of its Sam’s Club format in China. The appointment was announced on October 27 and is effective immediately. In his new role, Liu will report directly to Christina Zhu, who serves as the President and CEO of Walmart China. This leadership change marks the conclusion of Jane Ewing’s tenure as acting president of the Sam’s Club format; she is scheduled to return to Walmart International by the end of the year after completing her temporary assignment. Walmart stated that this strategic hire underscores its continued commitment to investing in and upgrading its operations within the Chinese market. Liu brings significant experience from his previous roles at Alibaba, where he served as the President of Tmall Global and headed the company’s B2C retail business group. His background in e-commerce and retail management is expected to drive further growth and innovation for Sam’s Club in the competitive Chinese retail landscape.
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Former Alibaba Executive Liu Peng Appointed President of Sam’s Club China
Walmart China has officially appointed Liu Peng, a former senior executive at Alibaba Group, as the new president of its Sam’s Club format in China. The appointment was announced on October 27 and is effective immediately. In his new role, Liu will report directly to Christina Zhu, who serves as the President and CEO of Walmart China. This leadership change marks the conclusion of Jane Ewing’s tenure as acting president of the Sam’s Club format; she is scheduled to return to Walmart International by the end of the year after completing her temporary assignment. Walmart stated that this strategic hire underscores its continued commitment to investing in and upgrading its operations within the Chinese market. Liu brings significant experience from his previous roles at Alibaba, where he served as the President of Tmall Global and headed the company’s B2C retail business group. His background in e-commerce and retail management is expected to drive further growth and innovation for Sam’s Club in the competitive Chinese retail landscape.
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