Friday, January 20, 2012

WAL-MART WELCOMES ITS FIRST BLACK WOMAN CEO

On Friday Reuters reports that Wal-Mart Stores Inc. has named Rosalind Brewer president and chief executive of Sam’s Club warehouse retail chain. This marks a historic time for both women and the black community in the corporate space. It is the first time that Wal-Mart, one of the world’s largest retailers, will have a woman and an African American heading one of its three business entities.

Friday was a successful day for two other women employees at Wal-Mart. Gisel Ruiz became the US chief operating officer and Karenann Terrell became Wal-Mart’s chief information officer. These promotions support its case that women are treated equally at the large corporation. Last year the US Supreme Court ruled against a class-action lawsuit brought on by women who claimed that female employees were subject to discrimination in receiving raises and promotions from the company.

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