Scott: Wal-Mart CEO Tightens Reins As Coughlin Retires
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The strength of six men: An echo of classical mythology that apparently applies to Wal-Mart Stores (nyse: WMT - news - people ) Vice Chairman Thomas M. Coughlin.
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Wal-Mart Stores Inc.'s  Chief Executive Lee Scott is "optimistic" about the holiday season and expects a "strong finish" to the year, he said on Tuesday.
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Wal-Mart Stores Inc.  on Monday said Tom Coughlin will retire as vice chairman after 25 years with the world's largest retailer.
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Wal-Mart Stores Inc.&#39;s   Chief Financial Officer said on Friday that the  retailer will moderate the growth of its supercenter stores &quot;a  little bit.&quot;
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Patricia C. Dunn resigned and will be replaced by the companyÂs chief executive. Also, two key members of H.P.Âs investigation task force are said to be out.
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CHICAGO, Jan. 28 -- Sears Holdings said Monday that chief executive Aylwin B. Lewis will step down this week, leaving a management void at the top of the department-store chain as it struggles to connect with customers and reinvigorate slumping sales.
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Yum! Brands Inc. operations chief Aylwin Lewis is leaving the Louisville restaurant company to become president and chief operating officer of discount retailer Kmart.
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CEO Lee Scott said Wal-Mart's goal is to operate using 100% renewable energy, create zero waste and sell products that are energy efficient.
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Thomas Coughlin, who joined Wal-Mart Stores as head of security and rose to vice chairman, will give up the post early next year after 25 years of service that helped the company become the world's biggest retailer.
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Supermarket giant Winn-Dixie Stores Inc., struggling against competition from Wal-Mart and other grocery chains, named a new president and chief executive officer Friday, forcing out its previous leader after less than 18 months on the job.
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Microsoft has tapped a former executive at Walt Disney to fill its CIO position, a move that shows the company continuing to fill top executive positions from outside the company.Tony Scott, who most recently was CIO at Walt Disney, will take over that same role at Microsoft in February, reporting to Chief Operating Officer Kevin Turner. Scott, who also will be a corporate vice president at Microsoft, replaces Stuart Scott, who&#160;departed the company in November. The two are not related.Scott will manage Microsoft&#39;s 4,000-person IT organization, which is responsible for all of the technology systems supporting the company&#39;s worldwide sales, marketing, and services operations, as well as the enterprise systems and applications for all corporate processes.At Disney, where he was senior vice president in addition to CIO, Scott was the first CIO to manage the entire company&#39;s IT systems, according to Microsoft. Prior to Disney, Scott was CTO at General Motors and vice president of operations at Bristol-Meyers Squibb.There are a lot of new faces in the ranks of upper management at Microsoft, with a rash of them signing on to the company in the last six months. Just last week Microsoft revealed that company veteran Jeff Raikes, president of its Business Division, will&#160;leave the company in September. The company tapped an outside executive -- former Juniper Networks, Macromedia, and Adobe executive Stephen Elop -- to fill that role.Other new hires to the company since last July include: Dan Reed, Microsoft Research director of scalable and multicore computing in November; Robert Youngjohns, president of North American sales and marketing and corporate vice president in November; Brian McAndrews, senior vice president, Advertiser and Publisher Solutions Group in August; and Don Mattick, senior vice president, Interactive Entertainment Business in July.There is likely more new blood to come as Microsoft also confirmed last week several other executive departures: Bruce Jaffe, corporate vice president of corporate development; Charles Fitzgerald, Microsoft&#39;s general manager of platform strategy; and&#160;Rob Short, corporate vice president of the Windows Core Technology group.Apart from CEO Steve Ballmer and Robbie Bach, president of Microsoft&#39;s entertainment and devices division, many of the company&#39;s other top executives have joined the company in the past three years. They include the man widely seen as Gates&#39; successor, Chief Architect Ray Ozzie, who joined Microsoft in 2005. Kevin Turner, Microsoft&#39;s chief operating officer, and Steve Berkowitz, senior vice president of Microsoft&#39;s Online Services Group, also joined the company that year.
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By Northwest Arkansas Business Journal staff, Arkansasbusiness.com Daily Report. Wal-Mart Stores Inc. announced Monday that Thomas M. Coughlin, 54, vice chairman of the company, will retire on Jan. 24.
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Wal-Mart Stores Inc. WMT.N on Monday  said Tom Coughlin will retire as vice chairman after 25 years  with the world's largest retailer.
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Phil Knight said yesterday he is resigning as president and chief executive of Nike but will remain chairman of the world&#39;s largest athletic shoe and clothing maker at a time
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Thomas Coughlin, the former Wal-Mart Stores Inc. executive convicted of stealing from the company, may have to go to prison after an appeals court said his house-arrest sentence was too lenient.
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William Clay Ford Jr. is giving up the chief executiveÂs title after five years. Alan Mulally, an executive at Boeing, will be the president and chief executive.
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The big news in northwest Arkansas on Monday was the announcement coming from the worldâs largest retailer that its vice chairman had decided to retire.