Duke to Succeed Scott as Wal-Mart CEO; Bankrupt Steve & Barry’s to Liquidate - Business News - WWD.com

Duke to Succeed Scott as Wal-Mart CEO; Bankrupt Steve & Barry’s to Liquidate

Duke to Succeed Scott as Wal-Mart CEO; Bankrupt Steve & Barry’s to Liquidate

by Vicki M. Young  and  Katherine Bowers 

Posted Thursday November 20, 2008

Last Edited Friday November 21, 2008

From WWD Issue 11/21/2008

Mike Duke, chief executive officer of Wal-Mart International, has been selected by the company's board to succeed Lee Scott as president and ceo of the world's largest retailer.

The appointment is effective Feb. 1.

Eduardo Castro-Wright, ceo of Wal-Mart Stores U.S., will be vice chairman of Wal-Mart Stores Inc., effective immediately.

For complete coverage, see Monday's WWD.



Steve & Barry's Files for Bankruptcy: Plan B didn’t work out as planned.

Liquidation sales have begun at Steve & Barry’s, which late Wednesday filed for bankruptcy less than five months...

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