New Walmart Canada CEO announced

Walmart Stores, Inc. today named Shelley Broader (above) as the new Walmart Canada president and CEO.

Broader succeeds David Cheesewright, who is taking on more global responsibilities.

The British-born Cheesewright has been named executive vice-president and CEO of a new regional management team where he will lead Walmart’s retail operations in Canada, the U.K. and Sub-Saharan Africa. He will also oversee business development in Europe, the Middle East, Africa and Canada.

Cheesewright, who had previously worked at Walmart's British supermarket chain Asda, assumes the role immediately and reports to Doug McMillon, president and CEO, Walmart International.

Shelley Broader will also assume the position of president and CEO immediately. She joined Walmart Canada as chief merchandising officer in December 2010.

Prior to Walmart, Broader was president and COO of Michael's, the craft store chain, and was responsible for the chain's North American retail operations and more than 1,000 stores in the United States and Canada.

Prior to that, Broader held leadership roles with Hannaford Bros. in the United States and was president and COO of the company's Kash n' Karry chain and president and CEO of the company's Sweetbay Supermarkets chain.

"Walmart Canada is poised for continued growth as Canada's price leader and one-stop shopping destination," Broader said. "I look forward to working with our extremely talented executive team and our associates to exceed customer expectations in every region of Canada."

Commenting on the new appointments, McMillion added that:  "Europe, the Middle East, Africa and Canada hold tremendous potential for our company,  and we are excited to have David Cheesewright leading the team. We are equally excited to have a leader of Shelley Broader's calibre to lead Walmart Canada  and our continued growth in the Canadian market."