TU alum named CEO at Walmart


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Updated: 11/25/2013 2:59 pm Published: 11/25/2013 2:56 pm


BENTONVILLE, Ark. (AP) - Wal-Mart Stores CEO and President Mike Duke is stepping down from those posts. The world's biggest retailer named Doug McMillon as his successor. The 63-year-old Duke will stay on as chairman.

The 47-year-old McMillon's appointments are effective Feb. 1, 2014. He previously served as CEO of Walmart International.

The announcement came just days before the kickoff of the holiday shopping season.

Wal-Mart shares edged up in premarket trading.

McMillon will also join Wal-Mart's board. That appointment is effective immediately.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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The views expressed here do not necessarily represent those of KOKI FOX23 - Tulsa

Unwashed Mass - 11/26/2013 12:18 PM
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and this guys credentials are bogus.

Mayor Maynot - 11/25/2013 4:36 PM
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Walmart has no regard whatsoever for veterans.
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