Wal-Mart announces departure of @WalmartLabs co-heads

6/25/2012

BENTONVILLE, Ark. — Wal-Mart Stores said in an emailed statement that the co-heads of its technology unit, @WalmartLabs, are leaving the company.


Venky Harinarayan and Anand Rajaraman, who ran the 200-person unit in San Bruno, Calif., are taking some time off from the industry, according to the statement. The pair took the helm of @WalmartLabs when the retailer bought their company Kosmix last year.


Wal-Mart said the rest of the technology team will remain intact.

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