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Wal-Mart Stores, the Bentonville, Ark.-based retailer with $405 billion in 2009 revenue, appointed Jeff Davis treasurer and senior vice president. He succeeds Charles Holley, who was promoted to CFO in September. Davis, 47, was formerly senior vice president of finance and strategy. Before joining the company in 2006 as vice president of finance for Wal-Mart’s U.S. health and wellness merchandise unit, Davis was CFO for Lakeland Tours and McKesson General Medical, and worked in finance at Hillman Co.

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