Home | Business News | Browse by Publication | P | PR Newswire

Mike Duke Elected New Chief Executive Officer of Wal-Mart Stores, Inc.

Publication: PR Newswire
Publication Date: 21-NOV-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Lee Scott retires as CEO after successfully leading company through major transformation; Eduardo Castro-Wright promoted to vice chairman.

BENTONVILLE, Ark., Nov. 21 /PRNewswire-FirstCall/ -- Wal-Mart Stores, Inc. today announced that its board of directors has elected Mike Duke, 58, to succeed Lee Scott as president and chief executive officer, effective February 1, 2009. Duke was also elected to the company's board of directors, effective immediately. Scott will continue serving as chairman of the executive committee of the board.

The board also approved the promotion of Eduardo Castro-Wright, 53, to vice chairman of Wal-Mart Stores, Inc., effective immediately. In addition to his current responsibilities as president and CEO of Walmart U.S., Castro- Wright will assume management responsibility for the...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from PR Newswire
JAL Hotels Co., Ltd. Plans New Nikko Hotels in India., November 21, 2008
MutualFirst Financial, Inc., Declares Cash Dividend., November 21, 2008
NJTC Celebrates the `Power of Technology' in NJ., November 21, 2008
Safety Concerns Drive Seven in Ten Rochester Residents to Oppose Incre..., November 21, 2008
TDS Announces Fourth Quarter 2008 Dividend., November 21, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.