Monday, January 26, 2009

Sam's Club head to become CEO and president of WalMart International


WalMart Stores has announced that Doug McMillon, currently president and CEO of its subsidiary Sam's Club, will be promoted to president and CEO of Wal-Mart International, the company's second largest operating segment.


Mr McMillon will report to Mike Duke who was named to succeed Lee Scott as president and CEO of WalMart Stores. Both will assume their new roles on February 1, 2009. Mr McMillon has a bachelor's degree in business administration from the University of Arkansas in Fayetteville and a master's of business administration from the University of Tulsa. Mr Duke said: "It is exciting to promote a long-term associate to lead our second largest business. Doug began his WalMart career as an hourly associate, unloading trucks at a distribution center, while he worked his way through college. "In his 18 years with the company, Doug has learned the business from the bottom up, with leadership roles in all three operating divisions."

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