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Reply #51: Wal-Mart Executive Resigns [View All]

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citizen snips Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-08-07 04:13 PM
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51. Wal-Mart Executive Resigns
BENTONVILLE, Ark. (AP) -- Lawrence Jackson, who oversees the quality of foreign-made products for Wal-Mart Stores Inc., has resigned from his post as president and chief executive of global procurement to spend time with his family, the company announced Monday.

Jackson will continue on with the world's largest retailer until Feb. 9 to help with the transition, the company said.

In addition, Jeff Macho was promoted to senior vice president of global procurement and will report to company Vice Chairman John Menzer. Macho is based in Shenzen, China.

Jackson joined Wal-Mart in 2004 from Dollar General Corp., where he was president and chief operating officer. He also held positions at Safeway Inc. and PepsiCo Inc.

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