US retail titan Wal-Mart has announced that vice chairman Thomas M. Coughlin is to retire from the company, effective 24 January, after more than 25 years with the company.
Go deeper with GlobalData
Coughlin began his Wal-Mart career in 1978 in the company’s security division, and was named vice chairman of Wal-Mart and elected to the Wal-Mart board of directors in April 2003. Coughlin will remain on the Wal-Mart board until his term ends at the company’s annual shareholder meeting on 3 June 2005.
Wal-Mart’s senior management team will assume Coughlin’s responsibilities upon his retirement.
