Friday, April 12, 2013

Wal-Mart executive who called sales "total disaster" has left

(Reuters) - Jerry Murray, the mid-level Wal-Mart Stores Inc executive who called the chain's early February sales "a total disaster" in an email made public by Bloomberg, left the world's largest retailer last week, Wal-Mart confirmed on Wednesday.

On Wednesday, Bloomberg reported that Murray had left the company on April 5. Wal-Mart told Reuters that it was Murray's decision to leave and that his last day at Wal-Mart was Friday. A replacement has not yet been named.

"In case you haven't seen a sales report these days, February (month-to-date) sales are a total disaster," Murray, a Wal-Mart vice president who worked on finance in the U.S. logistics division, said in a February 12 email to other executives, Bloomberg reported on February 15. "The worst start to a month I have seen in my (about) 7 years with the company.

On February 21, Wal-Mart reported that its Walmart U.S. unit had a slow start to February, which it attributed largely to a delay in customers getting their tax refunds.

Murray could not immediately be reached for comment on Wednesday.

Murray had been a vice president and chief financial officer of logistics at Wal-Mart since 2011, according to a profile posted on LinkedIn. According to that profile, he joined Wal-Mart in 2006 after working at Honeywell , General Motors and Coopers & Lybrand.

(Reporting by Jessica Wohl in Chicago; Editing by Chris Reese)

Source: http://news.yahoo.com/wal-mart-executive-called-sales-total-disaster-left-175428791--finance.html

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