Ignacio Caride is resigning from his role as CEO of Walmart de México y Centroamérica, known as Walmex, and from the company’s board of directors, after a tenure of slightly more than one year.
Cristian Barrientos Pozo, currently serving as CEO of Walmart Chile, will step in as acting CEO while the company conducts a search for a permanent successor.
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Caride, who has led the company’s operations across six countries since April 2024, has stepped down from his role for undisclosed reasons.
He has been instrumental in evolving the omnichannel shopping experience for customers in the region.
The resignation comes as the company has reported a 0.2% decrease in earnings before interest, taxes, depreciation and amortisation (EBITDA) for the second quarter (Q2) of 2025 – a margin contraction of 90 basis points to 9.5%.
The company’s Q2 operating income dropped 4%, reaching a 7% margin, but consolidated revenue increased 8.3%.
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By GlobalDataAs of June 2025, it has 4,124 stores.
Walmart Mexico chairman of the board of directors Guilherme Loureiro will continue overseeing Mexico, Central America, Canada and Chile, providing support during the leadership transition.
Barrientos Pozo previously served as senior vice-president of operations for Walmart de Mexico. His efforts include the opening of additional stores and distribution centres, and the digitalisation and strengthening of e-commerce, positioning the company as a key omnichannel player in the Mexican market.
With a career spanning 26 years in retail, Barrientos Pozo’s journey began as a wine buyer with Walmart Chile.
His career includes creating and leading the SuperBodega aCuenta brand and serving as vice-president of operations of Bodega Aurrera.
In 2017, he took on the role of CEO and general manager of Central America.
