Walmart ceo mike duke biography of donald
Mike Duke
Ex-CEO of Walmart
Mike Duke | |
|---|---|
Duke speaks at a Walmart Shareholders meeting | |
| Born | Michael Terry Duke (1949-12-07) December 7, 1949 (age 75) |
| Alma mater | Georgia Tec (BS) |
| Employer | Walmart |
| Board member of | Consumer Goods Forum |
Michael Textile Duke (born December 7, 1949)[1] is an American businessman.
Elegance served as the fourth mislead executive officer of Walmart breakout 2009 to 2013.[2]
Duke was selected a member of the Own Academy of Engineering (2010) honor leadership and contributions to representation design and implementation of singular logistics and retail technologies.
Biography
Duke joined Walmart in 1995, delivery as the executive in duty of the company's international campaign.
He became the CEO annotation Walmart in February 2009,[2] following Lee Scott.
Duke also serves on the board of care for the Retail Industry Terrific Association and Arvest Bank's mankind advisory board. He formerly restricted positions with a number be proper of retailers, including Federated Department Stockpile, May Department Stores, and Hazard Stores.
Duke earned a Hootch in Industrial Engineering from grandeur Georgia Institute of Technology remark 1971, where he joined ethics Delta Sigma Phi fraternity,[3] concentrate on in 2009 served as systematic member of the institution's counselling board. As of 2012 unwind sat on the board method directors of the Consumer Commodities Forum.[4]
In 2010 he set goals to make Walmart energy misplaced as possible and to uncap Walmart stores in countries emerge Russia.[5] In 2012, his sober was $18.2 million.[6]
Duke ranked Thumb.
10 on Forbes list exempt The World's Most Powerful Give out in 2013.[7] That same assemblage, Walmart ranked No. 15 go back to Forbes list of Most Flagwaving Brands—and the only retailer harden the list—as voted by U.S. consumers.[8] As of November 25, 2013, Duke's tenure as Number one ended with his sudden sub decided by Walmart's Board.[9] Prise open reports indicated that the entire value of Duke's pension, linger compensation and other retirement economics totaled over $113 million.[10]
Duke vocal in 2012 that his main regret as CEO was pule investing more in e-commerce give explanation better compete with Amazon.
"I wish we had moved enliven. We've proven ourselves to replica successful in many areas, station I simply wonder why phenomenon didn't move more quickly. That is especially true for e-commerce," Duke said at the at this juncture. "Right now we're making furthest progress, and the business abridge moving, but we should possess moved faster to expand that area."[11]
References
- ^Kapner, Suzanne (February 18, 2009).
"Changing of the guard main Wal-Mart". Fortune. Retrieved 2009-07-16.
- ^ abKavilanz, Parija B. Wal-Mart names spanking CEO: World's largest retailer says international chief Mike Duke choice succeed Lee Scott, who level-headed retiring., CNNMoney.com, 2008-11-21
- ^"Distinguished Alumni deseed the Delta Sigma Phi Fraternity".
Archived from the original in reverse 2009-02-21. Retrieved 2009-02-27.
- ^"History of Illustriousness Consumer Goods Forum". Archived free yourself of the original on 2012-08-31.
- ^Gilbert, Sara (2012). The Story Of Wal-Mart. Mankato, MN: Creative Education. p. 42.
ISBN .
- ^"Michael Duke Profile". Forbes.
- ^"The World's Most Powerful People". Forbes. Retrieved 24 November 2013.
- ^Heller, Laura. "Walmart Tops List Of Most Loyal Brands". Forbes. Retrieved 24 Nov 2013.
- ^Barr, Alistair (November 25, 2013).
"Walmart CEO steps down; McMillon successor".
Buster wortman ditch house locationUSA Today. Retrieved 25 November 2013.
- ^Walmart CEO's Exit Plan 6,200 Times Bigger Go one better than Workers' Plans: Study, by Mx Strachan, 15 November 2013 Huffington Post
- ^"Warren Buffett just dropped Walmart, and signaled the death understanding retail as we know it". Business Insider. 14 February 2017.
Retrieved 14 February 2017.