Wal-Mart Names Its First Black Woman CEO
For the first time in its history, retail giant Wal-Mart Stores Inc. will have a woman and African-American leading the corporation's three businesses, Reuters reports. Rosalind Brewer, 49, will serve as president and chief executive officer of Sam's Club warehouse retail chain.
Brewer, a Spelman College graduate, joined Wal-Mart as a regional vice president in 2006 and went on to head its U.S. East Coast operations, where she oversaw more than $100 million in revenue a year, more than 500,000 employees, and nearly 1,600 stores. In her new role starting Feb. 1, Brewer will oversee Sam's Club's 610 stores, which brought in $49 billion last year.
Brewer's appointment, along with promotions for two other women, comes after Wal-Mart won a U.S. Supreme Court decision when the court rejected a lawsuit by women who claimed the company denied them promotions and raises because of their gender.
BET.com always gives you the latest fashion and beauty trends, tips and news. We are committed to bringing you the best of Black lifestyle and celebrity culture.