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Walmart's central operations head to also take on real estate portfolio

Walmart Inc. has added real estate to the responsibilities of Mark Ibbotson, the company's executive vice president of U.S. central operations, Bloomberg reported May 30, citing an internal memo.

Ibbotson previously held senior roles at the retailer's U.K. subsidiary Asda Stores Ltd., which the company is now selling to rival J Sainsbury PLC.

The change comes as JP Suarez, Walmart's current head of real estate, takes on the role of executive vice president and chief administration officer at the U.S. retailer's international division, the report said.

Walmart reportedly is also aligning the team overseeing its employee training academies with its human resources division.

Bloomberg said the changes are effective June 2.