Dollar Store Exec Joins Wal-Mart to Direct HR Strategy

Oct 12, 2004
George Anderson

By George Anderson

Wal-Mart Stores announced yesterday that former Dollar General president and chief operating officer, Lawrence Jackson, is joining the company as its new executive vice president of the retailer’s People Division.

In his new role, Mr. Jackson will be responsible for developing human resources strategy for the retailer. He is also expected to serve as a strategic advisor to other senior managers within the company. Mr. Jackson will have direct reporting responsibility to Wal-Mart’s chief executive, Lee Scott.

In a released statement, Mr. Scott said, “Our company is experiencing a time of tremendous growth and we need a strong leader like Lawrence to guide us through all of the challenges and opportunities that brings. His personal values and broad experience in the retail and food industry make him the ideal person to step into this role.”

Mr. Jackson said, “I have a deep passion for helping people and feel that business offers the most sustainable way of doing that. Wal-Mart is a world- class company and I think this is a once in a lifetime opportunity to directly impact its associates and huge customer base.”

David Perdue, chairman and CEO of Dollar General said he would assume Mr. Jackson’s former responsibilities on an interim basis until a permanent replacement is found.

Moderator’s Comments: What impact will Lawrence Jackson’s move have on Wal-Mart and Dollar General?

Mr. Jackson was with Safeway for six years prior to joining Dollar General in September 2003. At Wal-Mart he replaces Coleman Peterson, who retired in April.

George Anderson – Moderator

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