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Wal-Mart Names New Foundation President

BENTONVILLE, Ark. — Wal-Mart Stores here said Monday it has named Kathleen McLaughlin president of the Walmart Foundation, effective Oct. 15.

Besides overseeing corporate giving, she will be responsible for the company's initiatives dealing with global sustainability, women's economic empowerment and healthier food. She succeed Sylvia Matthews Burwell, who held the position since January 2012.


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According to Mike Duke, president and chief executive officer of Wal-Mart Stores, "Kathleen has a personal passion for making a difference on social issues and the business expertise to help successfully develop and implement real long-term solutions."

McLaughlin, 48, was previously a senior partner at McKinsey & Co., based in Toronto, where she worked with a range of businesses, non-government organizations and development agencies worldwide, developing strategies and revamping the operating models of major foundations; enhancing sustainability of the food chain with a consortium of growers, manufacturers, distributors and retailers; and improving delivery of material and HIV/AIDS health care in Africa.

Read more: Wal-Mart Unveils New Sustainability Plans

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