Jun
11
2009
Wal-Mart Promises to Promote Women. Do you Believe Them?
BusinessWeek had an article last week on Wal-Mart CEO Mike Duke's promise to promote women.
Seeking to counter Wal-Mart's image as a company that sells mostly to women yet is overwhelmingly run by men, new Wal-Mart (WMT) CEO Mike Duke pledged at the company's annual shareholder conference on Friday, June 5, to boost the retailer's commitment to developing female leaders by launching a "global women's council."
Just 27% of Wal-Mart's senior managers are women, and that number has been stagnant since 2007. A sex-descrimination case against Wal-Mart was filed by six women in 2001. The suit gained class action statu in 2004 (though Wal-Mart is seeking a judicial review on that). The case could eventually end up before the Supreme Court.
© dno1967
General | Greg Cruey | 11 June 2009 |
