Mike Duke
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| Mike Duke | |
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Duke speaks at a Walmart Shareholders meeting
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| Born | Michael Terry Duke December 7, 1949 |
| Alma mater | Georgia Tech |
| Employer | Walmart |
| Board member of | Consumer Goods Forum |
Michael Terry "Mike" Duke (born December 7, 1949)[1] is an American businessman. He served as the fourth chief executive officer of Walmart from 2009 to 2013.[2]
Biography
Duke joined Wal-Mart in 1995, and most recently served as the executive in charge of the company's international operations. He became the CEO of Wal-Mart in February 2009.[2]
Duke also serves on the board of directors for the Retail Industry Leaders Association and Arvest Bank's community advisory board. He formerly held positions with a number of retailers, including Federated Department Stores, May Department Stores, and Venture Stores. Duke earned a BS in Industrial Engineering from the Georgia Institute of Technology in 1971, where he joined the Delta Sigma Phi Fraternity,[3] and now serves as a member of the institution's advisory board. He sits on the Board of Directors of the Consumer Goods Forum.[4]
In 2012, his salary was $18.2 million.[5] In 2013, press reports indicated that the total value of Duke's pension, deferred compensation and other retirement accounts totalled over $113 million.[6]
Duke ranked No. 10 on Forbes list of The World’s Most Powerful People in 2013.[7] That same year, Wal-Mart ranked No. 15 on Forbes list of Most Patriotic Brands—and the only retailer on the list—as voted by U.S. consumers.[8] As of November 25th, 2013, Duke's tenure as CEO ended with his sudden replacement by the board of Walmart.[9]
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ 2.0 2.1 Kavilanz, Parija B. Wal-Mart names new CEO: World's largest retailer says international chief Mike Duke will succeed Lee Scott, who is retiring., CNNMoney.com, 2008-11-21
- ↑ http://www.deltasig.org/about/distinguished_alumni
- ↑ Consumer Goods Forum website, Board of Directors
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Walmart CEO's Retirement Plan 6,200 Times Bigger Than Workers' Plans: Study, by Maxwell Strachan, 15 November 2013 Huffington Post
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External links
| Preceded by | President of Wal-Mart 2009–2013 |
Succeeded by Doug McMillon |
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