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Corporate, Securities & Antitrust Movers & Shakers 2/13/2009 2:58:09 PM EST Jeff Gearhart Promoted to Executive Vice President and General Counsel for Wal-Mart Stores, Inc. BENTONVILLE, Ark., Feb. 13 -- Today, Wal-Mart Stores, Inc. (NYSE:WMT) announced the promotion of Jeff Gearhart, 44, to executive vice president and general counsel for Wal-Mart Stores, Inc. He will oversee the legal department, which is responsible for handling all legal matters affecting the company in its domestic and international markets.
He succeeds Tom Mars, 51, who was promoted to the position of executive vice president and chief administrative officer, Walmart U.S. In this newly created role, Mars will be responsible for key human resource functions for the Walmart U.S. division, including diversity, compensation, talent development, and employment practices and policies. He will also be responsible for the company's compliance department.
Gearhart joined Wal-Mart in 2003 as vice president and general counsel for the corporate division. In 2007, he was named senior vice president and deputy general counsel for Wal-Mart Stores, Inc. with oversight of the legal department's support for the corporate, real estate, information systems, logistics and compliance divisions. Prior to joining Wal-Mart, Gearhart spent 14 years in private practice.
Wal-Mart Stores, Inc. operates Walmart discount stores, supercenters, Neighborhood Markets and Sam's Club locations in the United States. The company also operates in Argentina, Brazil, Canada, Chile, China, Costa Rica, El Salvador, Guatemala, Honduras, India, Japan, Mexico, Nicaragua, Puerto Rico and the United Kingdom. The company's common stock is listed on the New York Stock Exchange under the symbol WMT. More information about Wal-Mart can be found by visiting www.walmartstores.com. Online merchandise sales are available at www.walmartstores.com and www.samsclub.com. Create an account or login to post comments.
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