Content about Lee Scott

May 3, 2012
Major Walmart shareholder urges rejection of key board members at annual meeting

It’s looking like Walmart’s upcoming annual meeting is going to be a bittersweet affair as the company observes its 50th anniversary against the backdrop of an unfolding Mexican bribery scandal and an appeal from a major shareholder this week urging a no vote on five board members.

NEW YORK — It’s looking like Walmart’s upcoming annual meeting is going to be a bittersweet affair as the company observes its 50th anniversary against the backdrop of an unfolding Mexican bribery scandal and an appeal from a major shareholder this week urging a no vote on five board members.

May 3, 2012
Major Walmart shareholder urges rejection of key board members at annual meeting

It’s looking like Walmart’s upcoming annual meeting is going to be a bittersweet affair as the company observes its 50th anniversary against the backdrop of an unfolding Mexican bribery scandal and an appeal from a major shareholder this week urging a no vote on five board members.

NEW YORK — It’s looking like Walmart’s upcoming annual meeting is going to be a bittersweet affair as the company observes its 50th anniversary against the backdrop of an unfolding Mexican bribery scandal and an appeal from a major shareholder this week urging a no vote on five board members.

April 23, 2012
Wal-Mart’s Mexican unit hit by bribery scandal

Wal-Mart Stores confirmed that it is investigating its operations in Mexico for possible violations of the U.S. law that prohibits bribery overseas.

NEW YORK — Wal-Mart Stores confirmed that it is investigating its operations in Mexico for possible violations of the U.S. law that prohibits bribery overseas. The acknowledgement came in response to a lengthy article by The New York Times on Saturday that alleged the giant discounter first learned of allegations of "widespread bribery" by its workers in the country in 2005 and that top executives subsequently covered them up. 

October 20, 2011
Lee Scott talks beer and has Las Vegas buzzing

Former Walmart president and CEO Lee Scott was a keynote speaker earlier this week at the National Beer Wholesalers Association’s 74th annual convention and trade show at Ceasar’s Palace in Las Vegas.

Former Walmart president and CEO Lee Scott was a keynote speaker earlier this week at the National Beer Wholesalers Association’s 74th annual convention and trade show at Ceasar’s Palace in Las Vegas.

Promotional materials billed his appearance as an exciting opportunity to hear about the leadership, innovation and business strategies that led Walmart to be such a successful retailer and noted that Scott would also participate in a candid question and answer forum where distributors would have the opportunity to ask some tough questions.

October 20, 2011
Lee Scott talks beer and has Las Vegas buzzing

Former Walmart president and CEO Lee Scott was a keynote speaker earlier this week at the National Beer Wholesalers Association’s 74th annual convention and trade show at Ceasar’s Palace in Las Vegas.

Former Walmart president and CEO Lee Scott was a keynote speaker earlier this week at the National Beer Wholesalers Association’s 74th annual convention and trade show at Ceasar’s Palace in Las Vegas.

Promotional materials billed his appearance as an exciting opportunity to hear about the leadership, innovation and business strategies that led Walmart to be such a successful retailer and noted that Scott would also participate in a candid question and answer forum where distributors would have the opportunity to ask some tough questions.

March 18, 2011
My work here is done

Former Walmart president and CEO Lee Scott will step down from the board of Goldman Sachs after serving just one year, according to a report late Thursday by the Financial Times.

Former Walmart president and CEO Lee Scott will step down from the board of Goldman Sachs after serving just one year, according to a report late Thursday by the Financial Times. The publication indicated that a person familiar with the situation said service on the Goldman board demanded significantly more time than Scott had anticipated.

March 18, 2011
My work here is done

Former Walmart president and CEO Lee Scott will step down from the board of Goldman Sachs after serving just one year, according to a report late Thursday by the Financial Times.

Former Walmart president and CEO Lee Scott will step down from the board of Goldman Sachs after serving just one year, according to a report late Thursday by the Financial Times. The publication indicated that a person familiar with the situation said service on the Goldman board demanded significantly more time than Scott had anticipated.