BENTONVILLE, Ark. — Thomas A. Mars, former chief administrative officer for Wal-Mart in the U.S., and José Luis Rodríguezmacedo Rivera, general counsel for the Mexican division have already stepped down. Now former CEO H. Lee Scott Jr. is following suit, retiring from the board this month. It’s the latest departure in the aftermath of corruption scandals in the company’s international division, but not explicitly linked to them. By the end of the summer, almost all officers who held key positions when the scandal broke will have moved on, the New York Times reports.
Wal-Mart execs depart after bribery scandals
Most Recent
Most Read
CEO shares plans for Home Hardware’s 60th anniversary
Wed, April 24th, 2024
West Fraser posts Q1 financials
Wed, April 24th, 2024
IKEA introduces online financial options
Wed, April 24th, 2024
Retail sales stable in February
Wed, April 24th, 2024
Home Hardware manager wins NHPA award
Tue, April 23rd, 2024
Meet IKEA Canada’s Tanja Fratangeli in our new podcast
Tue, April 23rd, 2024
Two more building centres in Alberta now flying Home banner
Mon, April 22nd, 2024
Immigration measures shouldn’t neglect labour market: CIBC report
Mon, April 22nd, 2024
West Fraser closes sale of pulp mills
Mon, April 22nd, 2024
Castle holds AGM in Las Vegas
Mon, April 22nd, 2024