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Wal-Mart Announces Executive Changes
Posted: November 21, 2008
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“This management change occurs at a time of strength and momentum for Wal-Mart,” said Walton. “Our overall management team has never been stronger. We are confident that the strategy we have in place is the right one for future success and Mike has been actively involved in developing and executing this strategy. We are also pleased that our succession and management development process continues to develop leaders internally.”
The company indicated that it plans to make an announcement on Duke’s successor as president of Wal-Mart International by the end of the fiscal year.