Replacing an Industry Icon
David Glass, like Sam Walton, grew up in rural Missouri. He joined Wal-Mart as an accountant in 1976 and eventually became the company’s chief financial officer. He took over for Walton as CEO in 1988. “You don’t take over from an icon and have a smooth transition very easily,” noted Gilliam. “He was CEO for four years while Sam was still alive and that is pretty tough to do. But he did it beautifully and they remained very close. When Sam died, David ...
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