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Asda taps former Amazon exec as CFO; finance chief departs for Wilko

Asda Stores Ltd., the Walmart Inc.-owned supermarket chain that is slated to be merged with J Sainsbury PLC, announced July 3 that Rob McWilliam will return to the company as its CFO.

McWilliam left Asda in 2012 to head the finance and consumables division of Amazon.com Inc.'s U.K. arm. In January 2018, he began working with the food retailer again on a consultancy basis, focusing on strategy development.

McWilliam will succeed Alex Russo, who is expected to leave the company at the end of July to join family-owned household and furnishing retailer Wilko as CFO and executive director, according to an emailed statement.

Asda CEO Roger Burnley and Walmart International executive vice president and CFO Richard Mayfield explained in a note to colleagues that Russo had been seeking "a new challenge for more than a year."

In addition, Asda vice president and commercial finance director John Fallon was promoted as deputy CFO.