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IN THIS EDITION |
PROUDLY CELEBRATING THE PROGRESS OF
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DIVERSITY
INSIDE CORPORATE
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| Walmart Announces Senior Management Changes and Promotions |
Walmart Appoints New Chief Administrative Officer
BENTONVILLE, Ark., Jan. 20, 2012 /PRNewswire/
Rollin Ford , 49, is promoted to chief administrative officer (CAO) for the company, effective Feb. 1. Specific areas of responsibility include the information systems division, global sourcing, global business processes, global shared services and global customer insights. Ford was most recently the company's chief information officer, and will continue reporting to Duke.
Ford will play an important role in helping the company meet its commitment to reduce SG&A expenses as a percentage of sales by more than 100 basis points over the next five years. Ford's efforts will include a focus on leveraging scale, reducing expenses and increasing productivity around the world.
"We work hard to keep our costs low so that we can pass these savings on to our customers," said Duke, "and now we are sharpening our focus even more. Rollin has played a key role in driving process improvement and leveraging technology in the past and will now have broad responsibility for some of the key areas that give us the greatest opportunity. His new position enables us to capitalize on his experience in our information systems, logistics and supply chain divisions, as well as his strength in teambuilding and ability to lead across multiple organizations."
Ford joined Walmart in 1983 as an hourly associate in our logistics network and has held many positions over the years. He has helped lead the company through periods of enormous growth, including the expansion of the company's transportation and logistics network.
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| Other Appointments Announced by Walmart |
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Rosalind G. Brewer, 49, will be president and CEO of Sam's Club effective February 1. Brewer, who is the first woman and the first African American to hold the position, will report to Walmart President and CEO Mike Duke.
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Gisel Ruiz, 41, is promoted to executive vice president and chief operating officer for Walmart U.S., effective Feb. 1. In this position, she will be responsible for the company's U.S. operations, which cover more than 3,800 stores and include Supercenters, discount stores, Neighborhood Markets and Walmart Express formats.
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Karenann Terrell, 50, is promoted to chief information officer for the company, effective Feb. 1. In this position she will be responsible for the company's global technology systems including stores and clubs, supply chain, merchandising and enterprise platforms. Terrell was most recently Walmart's assistant chief information officer and will continue reporting to Rollin Ford.
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