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Former Wal-Mart CEO Leaves Board

Wal-Mart Stores last week said David Glass, the company's former president and chief executive officer, has chosen not to stand for reelection to the company's board of directors at the company's annual shareholders' meeting on June 5. Glass joined Wal-Mart as executive vice president of finance in 1976, was elected to its board a year later and named

April 27, 2009

2 Min Read
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BENTONVILLE, Ark. — Wal-Mart Stores last week said David Glass, the company's former president and chief executive officer, has chosen not to stand for reelection to the company's board of directors at the company's annual shareholders' meeting on June 5. Glass joined Wal-Mart as executive vice president of finance in 1976, was elected to its board a year later and named president in 1984. He succeeded the company's founder Sam Walton as president and CEO in January 1988 and remained in that position until retiring in January 2000. “I cannot overstate David's contribution to our company,” said Rob Walton, chairman of the board of Wal-Mart. “He established a new foundation for the company's growth, and my dad considered him to be one of the finest retail talents he had ever met.” Glass was instrumental in the creation of Sam's Club and is credited with pioneering development of the first supercenter. Under Glass' leadership, Wal-Mart became the nation's largest retail company and made its first foray into international markets with an acquisition in Mexico.

GIANT-CARLISLE NAMES MACLEOD VP

CARLISLE, Pa. — Giant Food Stores here last week said it had hired Wayne MacLeod as vice president of construction and maintenance. He is responsible for managing all aspects of construction management and maintenance for current and new store development programs. MacLeod reports to Jim Ferraro, executive vice president of real estate and construction. He succeeds Steve Lamontagne, who was appointed to vice president of format development and reports to Casper Meijer, executive vice president of format and merchandising. MacLeod, a 25-year veteran of the industry, most recently was director of store development at Supervalu-owned Shaw's Supermarkets in West Bridgewater, Mass.

ARAMARK VET ELECTED CEO AT GS1 US

LAWRENCEVILLE, N.J. — Robert W. Carpenter, a senior executive for Aramark International, has been elected chief executive officer of GS1 US here by its board, and will assume the position May 10. Miguel Lopera, who has been serving as the CEO of GS1 US since 2005 while also serving as CEO of Brussels-based GS1, will dedicate himself to the latter position. The top day-to-day executive position at GS1 US had been held by Chief Operating Officer Charles “Chip” Lloyd, who left the organization last summer. Carpenter was senior vice president of business and strategic development for Aramark International, a division of Aramark Corp., and before that president of Aramark Healthcare. GS1 US is one of 108 country-based affiliates of GS1 that help businesses adopt supply chain standards such as bar codes.

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