Five Below names Walmart.com CEO as president

June 10 Tue Jun 10, 2014 7:25am EDT

June 10 (Reuters) - Five Below Inc named Walmart.com's chief executive, Joel Anderson, as the teen discount retailer's president.

Anderson will lead the company's merchandising, stores and marketing, Five Below said, while also naming Eric Specter as its chief administrative officer.

Wal-Mart Stores Inc said on Monday that Anderson, CEO of the company's U.S. website since 2011, was leaving to join another company.

Anderson will join Five Below in July. (Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Maju Samuel)