Walmart Names Karen Roberts Executive Vice President and General Counsel
BENTONVILLE, Ark., Dec. 20, 2012
BENTONVILLE, Ark., Dec. 20, 2012 /PRNewswire/ -- Wal-Mart Stores, Inc. (NYSE:
WMT) today announced the promotion of 17-year company veteran Karen Roberts,
42, to executive vice president and general counsel for Wal-Mart Stores, Inc.,
reporting to Executive Vice President and Corporate Secretary Jeff Gearhart,
48. The appointment is effective Feb. 1, 2013.
In her new role, Roberts will manage the legal department, which is
responsible for handling all legal matters affecting the company in its
domestic and international markets. Gearhart will maintain oversight for the
legal function in addition to his newly expanded responsibilities for
Walmart's compliance, ethics and investigations teams as part of the company's
steps to align the functions and further strengthen its global compliance
"Karen's humility, transparency and collaboration embody the leadership
qualities we look for at Walmart," said Gearhart. "She is an extremely
talented professional whose integrity, breadth of experience, and knowledge of
Walmart make her uniquely qualified for this important role. Karen's legal
background and previous responsibilities directing our U.S. compliance and
real estate functions provide an important perspective for overseeing the
complex legal issues we deal with every day in our business."
Roberts is currently executive vice president and president – Walmart Realty
for Walmart U.S., where she is responsible for Walmart's real estate
operations and a portfolio of close to 1 billion square feet. Prior to that,
she was senior vice president and chief compliance officer for Walmart U.S.,
where she oversaw the establishment of best in class food safety and product
safety programs and directed a recycling program that kept more than 80
percent of all waste generated by U.S. operations out of landfills in 2011.
Roberts joined Walmart in 1995 and has held various leadership positions that
included vice president and general counsel for U.S. real estate and
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and
live better – anytime and anywhere – in retail stores, online, and through
their mobile devices. Each week, more than 200 million customers and members
visit our 10,500 stores under 69 banners in 27 countries and e-commerce
websites in 10 countries. With fiscal year 2012 sales of approximately $444
billion, Walmart employs more than 2 million associates worldwide. Walmart
continues to be a leader in sustainability, corporate philanthropy and
employment opportunity. Additional information about Walmart can be found by
visiting http://corporate.walmart.com, and on Facebook at
http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.
Online merchandise sales are available at http://www.walmart.com and
SOURCE Wal-Mart Stores, Inc.
Contact: Media Relations, Randy Hargrove, 1-800-331-0085, or Investor
Relations, Carol Schumacher, +1-479-277-1498
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