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S. Robson Walton

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  • Wal-Mart keeps it all in the family, chair passed to Penner

    Wal-Mart is passing the chairmanship of the world's largest retailer from the eldest son of late founder Sam Walton to a third generation.
  • Business Highlights

    ___ US employers showing confidence in economy Employers last month delivered a vote of confidence in the U.S. economy. They added 280,000 jobs — a surprisingly robust total at a time when consumers are hesitant to spend and the economy appears...

    Wal-Mart hands chairman job to current head's son-in-law

    Wal-Mart hands chairman job to current head's son-in-law
    Wal-Mart is keeping it all in the family. Wal-Mart Stores Inc. said Friday that Vice Chairman Greg Penner was replacing his father-in-law, Rob Walton, as chairman of the company’s board of directors. Walton, 70, the son of Wal-Mart founder Sam...

    Wal-Mart gets a new CEO: Doug McMillon replaces Mike Duke

    Wal-Mart gets a new CEO: Doug McMillon replaces Mike Duke
    Wal-Mart Stores Inc.’s board members on Monday elected a new chief executive and president to replace Mike Duke, 63. Doug McMillon, 47, is scheduled to take the reins on Feb. 1, the company said, about four years after Duke stepped into the...

    Wal-Mart to get new CEO; Doug McMillon to replace Mike Duke

    Wal-Mart to get new CEO; Doug McMillon to replace Mike Duke
    Wal-Mart Stores Inc.'s board members Monday elected a new chief executive and president to succeed Mike Duke, 63, in a transition that had been rumored for months as the retailer struggled with slow sales growth. Doug McMillon, 47, is scheduled to...