Walmart proposes board changes

Walmart proposes board changes

In a move the company said would make it more nimble and aligned with its strategy, Wal-Mart Stores said it intended to reduce its board of directors from 15 to 12 members at its annual meeting in June.

Current board members Aida Alvarez, Roger Corbett, Mike Duke and Jim Walton will not stand for re-election at the company's annual shareholders’ meeting, and has nominated Steuart Walton for election to the board. The cha

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