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Wal-Mart Stores, Inc.

Wal-Mart Stores, Inc.

Sector: Department Stores Region: AR, United States


: | Santiago Stock Exchange: WMT | XETRA: WMT | New York Stock Exchange: WMT


Wal-Mart Stores, Inc. operates retail stores in various formats around the world. The company operates its business through three reportable segments: Walmart U.S., Walmart International and Sam's Club. The Walmart U.S. segment includes the company's mass merchant concept in the U.S., operating under the Walmart or Wal-Mart brand, as well as walmart.com. and also offers financial services and related products, including money orders, prepaid cards, wire transfers, check cashing and bill payment. The Walmart International segment includes numerous formats of retail stores, restaurants, wholesale clubs, including Sam's Clubs, and various retail websites that operate outside the U.S. This segment operates units in three major categories: retail, wholesale and other which consists of numerous formats, including discount stores, supermarkets, supercenters, hypermarkets, retail websites, warehouse clubs, restaurants and apparel stores. The Sam's Club segment includes the warehouse membership clubs in the U.S., as well as samsclub.com. and also offers brand name merchandise, which include hard goods, some soft goods and selected private-label items and brands in five merchandise categories namely grocery and consumables, fuel and other categories, technology, office and entertainment, home and apparel and health and wellness. Wal-Mart Stores was founded by Samuel Moore Walton and James Lawrence Walton on July 2, 1962 and is headquartered in Bentonville, AR.

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Executives

Michael T. Duke, President and Chief Executive Officer
Mike Duke is the president and chief executive officer of Wal-Mart Stores, Inc. (Walmart). From 2005 to February 2009, Mike served as vice chairman of the company, with responsibility for Walmart International.
As CEO, Mike leads a strong management team that is focused on keeping Walmart’s mission of “saving people money so they can live better” relevant to every customer, every day. The company also continues to broaden and accelerate its global efforts on environmental sustainability, responsible sourcing and associate opportunity.
Since joining Walmart in 1995, Mike has led the logistics, distribution and administration divisions as well as Walmart U.S. As vice chairman, Mike was actively involved in developing and executing corporate strategy. He focused on setting higher standards of excellence for the company’s resources and people — from the redesign of logistics and merchandise distribution systems, to the recruitment of talent, and development of strong teams.
Under Mike’s leadership, the company’s international business became a fast-growing part of Walmart’s overall operations. In leading Walmart’s expansion into mature and emerging markets, Mike built an international management team that delivered strong operational results in a complex global environment.
Prior to joining the company, Mike had 23 years of experience in retailing with Federated Department Stores and May Department Stores.
Mike serves on the board of directors of Wal-Mart Stores, Inc., the board of directors of The Consumer Goods Forum, the executive committee of Business Roundtable and is on the executive board of Conservation International's Center for Environment Leadership in Business. He also serves on the board of advisors for the University of Arkansas and the advisory board of the Tsinghua University School of Economics and Management in Beijing, China. He is a member of the National Academy of Engineering.
Mike graduated from Georgia Tech with a bachelor’s degree in industrial engineering. He and his wife, Susan, have two daughters and a son.
Charles M. Holley, Jr., Executive Vice President and Chief Financial Officer
Charles Holley is the executive vice president and chief financial officer for Walmart. He is responsible for accounting and control, business planning and analysis, internal auditing, treasury, tax, and several other key areas of the company. The lead financial executive in each operating segment of the company (Walmart U.S., Sam's Club and Walmart International) reports directly to him.
Before being appointed to his current role, he was executive vice president, finance and treasurer, responsible for corporate strategy and planning, tax, investor relations, financial support of corporate overhead functions, corporate mergers and acquisitions, risk management, and treasury operations, which includes capital markets and cash management. Charles also served as the company’s chief risk officer.
Previously, Charles was senior vice president of finance with responsibility for the company’s accounting, tax, financial reporting and investor relations areas. From 2003 to 2005, he served as senior vice president and controller. From 1994 through 2002, Charles held several roles in Walmart International including senior vice president and chief financial officer for the division. He helped pioneer the company’s international expansion efforts, which included leading Walmart International’s merger and acquisition activities.
Before joining Walmart, Charles worked for Tandy Corporation as managing director for its European Memorex consumer product division (Memtek International) and served as director of finance for its international operations. He also spent more than 10 years with Ernst & Young.
Charles is a member of Financial Executives International. He serves on the Dean’s Advisory Board for the McCombs School of Business at the University of Texas at Austin and is an active board member for the Cancer Challenge of Northwest Arkansas.
Charles received his BBA in accounting from the University of Texas at Austin and earned his MBA in finance at the University of Houston. He is a Certified Public Accountant.
Gisel Ruiz, Executive Vice President, Chief Operating Officer
Gisel Ruiz is executive vice president and chief operating officer for Walmart U.S. She is responsible for the company’s U.S. operations, which include more than 3,800 discount stores, Supercenters, Neighborhood Markets and Walmart Express formats. She was promoted to the role in February 2012.
Previously, Gisel was executive vice president of People for Walmart U.S., with responsibility for human resources and store innovations, supporting more than 1.2 million associates. She helped transform the company's approach to talent management and leveraged technology to drive changes that increased efficiencies and improved the customer and associate experience.
Gisel began her career at Walmart as a store management trainee in 1992. She has held a variety of leadership positions in store operations, labor relations and human resources. In 2006, she became vice president, regional general manager in the Field Operations Division, and was responsible for 150 Walmart stores in western Texas and New Mexico. From 2008 until 2010, Gisel served as senior vice president of Walmart People, leading the human resources organization for more than 3,700 stores across the United States.
Because of her passion for mentoring, Gisel has been recognized for her ability to lead and teach. In 2008, she was recognized as one of the Top 25 Powerful Minority Women in Business by the Minority Enterprise Executive Council. Gisel received the 2008 Walmart Leadership Award and was chosen by Hispanic Business Magazine as one of the Top 25 Business Women of 2009. In February 2011, Latina Style honored her as 2010 Latina Executive of the Year.
Gisel has a bachelor’s of science in marketing from Santa Clara University, where she also completed the Retail Management Institute program.

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