Report: Walmart Eying Successors To CEO Mike Duke

What's Next In Payments®
4:30 PM EST May 8th, 2013

A recent Bloomberg report speculates that Walmart has identified two potential internal candidates to succeed current CEO Mike Duke, and that the retail giant may name a successor in the coming months.

Bloomberg identifies Doug McMillion and Bill Simon as Walmart’s two leading candidates. McMillon is Walmart’s international head, while Simon runs its U.S. operations.

The report indicates that Duke, who is Walmart’s fourth CEO since the company went public, is not expected to step down immediately.

Read the full story here.

Also by This Author
What's Hot
Shopify Launches Merchant mPOS App​
Alternative Financial Services
Western Union: Women Move Half of Global Remittances
Merchant Innovation
Shipping Startup Helps “Shyp” Back Online Purchases
Merchant Innovation
Facebook May Pit Mobile Ad Platform Against Twitter
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
B2B Payments
Fraedom Takes Travel, Expense Management Digital
B2B Payments
Tungsten Reveals Clearance to Operate Across EU
B2B Payments
Clogged Transit Costs Billions, Highlights Supply Chain Weaknesses
B2B Payments
New Study Separates the World’s Procurement Leaders from the Followers
View All Articles ››