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Walmart-owned Jet announced yesterday that it has hired Simon Belsham, who used to run Tesco’s e-commerce business in the UK, India and 10 markets across Central Europe and Asia, to be the company’s new president.

It is, Reuters writes, “the retail behemoth’s latest move to grab a bigger piece of the intensely competitive sector.”

Belsham “will oversee all operations including grocery and general merchandise and join Walmart’s U.S. e-commerce leadership team, according to an internal email sent on Monday by Marc Lore, the head of Walmart’s e-commerce business, to Jet employees,” Reuters says.

Before his two-year tenure at Tesco’s e-commerce business, Belsham spent two years at Ocado as director of nonfood.

Reuters notes that “most recently, Belsham worked as chief executive officer of venture-backed Not On The High Street.” At Jet, “he will succeed Liza Landsman, who left the company in March, a little more than a year after she was promoted to the job.”
KC's View:
We’ve known that Walmart/Jet wasn’t done in terms of talent and company acquisitions, and Belsham has the kind of global experience that will serve it well as it continues to expand.