With the selection of Mike Duke as president and chief executive officer of Wal-Mart Stores Inc., H. Lee Scott hands off to a confidante with a strong international résumé as the world’s largest retailer thunders ahead and pursues global growth.
Duke, 58, an industrial engineer by training, brings to the job three years of experience as the ceo of the $100 billion Wal-Mart International, whose 3,000 stores in 14 countries are expected to propel the company’s expansion for the next decade. He will take over for Scott, 59, on Feb. 1. Duke’s successor at Wal-Mart International will be named by January.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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