Walmart Releases 2016 Annual Shareholders’ Meeting Materials
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Wal-Mart (WMT) Board Size Reduced from 15 to 12; Aida Alvarez, Roger Corbett, Mike Duke and Jim Walton Will Not Stand for Re-Election to Board
April 20, 2016 5:19 PM EDTWal-Mart Stores, Inc. (NYSE: WMT) today announced changes to its Board of Directors designed to strengthen the board for the future, while maintaining its independence, diverse backgrounds of directors and breadth of experience. The changes include ordinary-course retirements of four board members and a reduction in the size of the board to maximize its effectiveness in supporting the companys strategy. They will take effect following the company's Annual Shareholders Meeting on June 3, 2016 in Bud Walton Arena on the University of Arkansas campus in Fayetteville, Ark.
Current board members Aida Alvarez,... More
