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CEO of Wal-Mart Canada will depart

Wal-Mart Canada president and CEO Mario Pilozzi will retire effective Jan. 31, according to the world’s largest retailer.

Pilozzi spent seven years as head of the company’s Canadian division. He will be replaced by David Cheesewright, who currently serves as chief operating officer off Wal-Mart’s United Kingdom operation, ASDA.

Cheesewright joined ASDA in 1999 and over the past eight years held leadership positions in operations, merchandising, logistics, strategy, and format development.

During his tenure as head of Wal-Mart Canada, Pilozzi received numerous awards, including Distinguished Canadian Retailer of the Year (2007), induction into the Canadian Retail Hall of Fame (2004) and the Sam M. Walton Entrepreneur of the Year Award (2000), the highest award given by Wal-Mart worldwide. He joined Wal-Mart Canada in 1994 following more than 30 years with Woolworth Canada.

Established in 1994 and headquartered in Mississauga, Ontario, Wal-Mart

Canada operates a network of 298 outlets across Canada.