Walmart Welcomes New President


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Wed. October 2nd, 2013 - by Sarah Hoxie

<p>Walmart has announced that Kathleen McLaughlin, 48, has been named president of the Walmart Foundation, effective October 15.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> In addition to leading corporate giving, she will have responsibility for the company’s global sustainability, women’s economic empowerment initiatives and healthier food initiatives, according to a press release.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> “At Walmart we feel a responsibility to lead on some of the biggest global challenges of our time,” said Mike Duke, Wal-Mart Stores, Inc. President and CEO. “Kathleen has a personal passion for making a difference on social issues and the business expertise to help successfully develop and implement real, long-term solutions.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> Kathleen most recently led global consulting firm McKinsey &amp; Company, where she developed strategy and revamped the operating models of major foundations and development organizations; enhanced sustainability of the food chain working with a global consortium of food growers, manufacturers, distributors, and retailers on issues such as access to market for small growers and seafood sustainability; and improved delivery of maternal and HIV/AIDS health care in Africa, working with international donors, local governments, and NGOs.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> She also holds extensive experience in retail, having led more than 75 engagements with retail clients worldwide. Her areas of focus include international strategy, category management, operational efficiency, pricing/promotions, digital marketing, format renewal, and post-merger management.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> “Kathleen has been at the forefront of innovative public-private partnerships that drive development in some of the poorest parts of the world,” said Dan Bartlett, executive vice president of Walmart Corporate Affairs. “She has also worked closely with grocers, department stores, drugstore chains, and other retailers to improve their business strategy and overall performance. It is this rare combination of knowledge and experience that will enable her to have a unique impact on our business and on the communities we serve around the world.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> AndNowUKnow congratulates Kathleen on her new position at Walmart!</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://news.walmart.com/news-archive/2013/09/30/walmart-foundation-president" target="_new"> Walmart </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">