Wal-Mart global procurement chief resigns

Wal-Mart global procurement chief resigns Lawrence Jackson, chief executive officer of global procurement for Wal-Mart Stores, has resigned, effective Feb. 9, to spend more time with his family, the Bentonville, Ark.-based retailer said Monday.
   Jeff Macho has been promoted to senior vice president of global procurement, effective immediately. He is based in Shenzen, China, and will work with Jackson on the transition.
   Jackson joined Wal-Mart as head of human resources in 2004 from Dollar General Corp., where he was president and chief operating officer. He also held a wide variety of positions at Safeway and PepsiCo.
   Last April, he was promoted to head the division that sources products around the world.
   Macho joined Wal-Mart in 2005 as vice president and managing director of apparel merchandising in global procurement. He helped build a new organization and a direct import process for apparel, Wal-Mart said.
   Macho previously was vice president and managing director for the international buying offices for Sears, based in Hong Kong. There he was responsible for all buying and quality assurance offices in 21 locations worldwide. He also held positions ranging from buyer to divisional vice president at retailers such as Dayton Hudson, the former May Department Stores and Federated Department Stores.