Wal-Mart announces new CEO

New Your Times, November 21, 2008

Wal-Mart’s Mike Duke will succeed Lee Scott as president and CEO of the company starting Feb. 1. Duke is the head of the retailer’s international division. “We think the right time is now, a time of strength and momentum for the company,” a company spokesman said. “Our strategy is sound, and Mike has been integrally involved in developing and executing the strategy.” Read More  >>>


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