BENTONVILLE, Ark., April 5, 2006 – Wal-Mart Stores, Inc. has promoted Lawrence Jackson to president and chief executive officer of its global procurement division. He previously was executive vice president of the retailer’s people division, responsible for all human resources functions for the world’s largest private workforce. Jackson will continue to report to President and CEO Lee Scott.
Wal-Mart’s global procurement division has purchasing offices in 28 countries around the world and an ethical standards team responsible for ensuring that factories producing goods for Wal-Mart operate according to local labor laws or Wal-Mart standards, whichever are more stringent. Wal-Mart conducts more than 13,500 factory audits a year, more than any other company in the world.
“In this position, Lawrence will play a critical role in powering Wal-Mart’s growth and business leadership,” Scott said. “Global procurement will be key to improving the customer experience around the world through better merchandise and lower prices.”
Jackson joined Wal-Mart in 2004 from Dollar General Corp., where he was the president and chief operating officer. He has also worked for Safeway Inc. and PepsiCo.
Wal-Mart also announced a number of other promotions and senior leadership moves:
• Susan Chambers, previously executive vice president of risk management and benefits administration, is being promoted to executive vice president of the people division, responsible for human resources functions and the Office of Diversity. She will report to President and CEO Lee Scott.
• Linda Dillman, previously executive vice president and chief information officer, will become executive vice president of risk management and benefits administration. She will also lead the company’s sustainability efforts. Last fall, Wal-Mart announced aggressive sustainability goals and has recently increased its offerings of organic products.
• Rollin Ford, previously executive vice president of logistics and supply chain, will become executive vice president and chief information officer, responsible for leading the company’s global information systems division.
• Johnnie Dobbs, previously senior vice president of logistics, overseeing distribution centers in the eastern United States and specialty distribution, has been promoted to executive vice president of logistics and supply chain.
Dillman, Ford and Dobbs will report to Wal-Mart Vice Chairman John Menzer.
“These leaders are people of great capacity, and today’s changes reflect a long history at Wal-Mart of what Sam Walton used to call ‘cross-pollenization,’” said Scott, who himself moved from logistics to merchandising to store operations within the company. “They are good examples of Wal-Mart’s commitment to developing a strong bench, with talent ready to step up and lead this company into the future.”
Scott said each individual has made outstanding contributions to the business.
He said Chambers has been instrumental in the retailer’s ongoing efforts to meet the needs of associates with the company’s benefits plan. “Much of what we’ve done in improving our benefits program, as well as the actions we’ve taken for Wal-Mart to be more proactive on the health care issue in the United States, has happened under her leadership,” he said.
“Linda and Rollin have each led areas that have a worldwide reputation for excellence,” he said. “We are excited to see how they will apply their experiences and their own perspective to new parts of the business.”
Dobbs, with more than 15 years of logistics experience with the company, is well positioned to lead the company as it works to develop even more innovative ways to manage the supply chain, Scott said.
About Wal-Mart Stores, Inc.
Wal-Mart Stores, Inc. operates Wal-Mart Stores, Supercenters, Neighborhood Markets and SAM’S CLUB locations in the United States. The company also operates in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, South Korea and the United Kingdom. The company’s securities are listed on the New York and Pacific stock exchanges under the symbol WMT. More information about Wal-Mart can be found by visiting www.walmartfacts.com. Online merchandise sales are available at www.walmartfacts.com. Online merchandise sales are available at www.walmart.com and www.samsclub.com
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