All About Walmart Corporate Goverence .pptx

Shashikant921034 212 views 9 slides Apr 25, 2024
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About This Presentation

Walmart's corporate governance is centered around a Board of Directors overseeing key committees, including audit, compensation, and governance. The company emphasizes transparency, ethics, and shareholder engagement. With a Code of Ethics guiding employee conduct, Walmart integrates sustainabil...


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Corporate Governance of WALMART Created By – Gaikwad Shashikant Narayan

INTRODU C TION Walmart's corporate governance is centered around a Board of Directors overseeing key committees, including audit, compensation, and governance. The company emphasizes transparency, ethics, and shareholder engagement. With a Code of Ethics guiding employee conduct, Walmart integrates sustainability into its strategy. This governance framework aims to ensure accountability, responsible practices, and long-term success.

History Founded by Sam Walton in 1962, Walmart began as a small discount store in Arkansas. It rapidly expanded, introducing Sam's Club and the Walmart Supercenter. The company went global in the 1990s and embraced technology, e-commerce, and sustainability. Walmart's acquisitions, such as Asda and Jet.com, strengthened its market presence. Today, Walmart is a retail giant, leading in innovation and adapting to changing consumer needs.

Vision and value Vision: Walmart's vision is to help people save money so they can live better. Mission: Walmart's mission is to save people money so they can live better by offering affordable products and services. Core Values: Respect for the Individual Service to the Customer Striving for Excellence Acting with Integrity

LEADERSHIP STRUCTURE Walmart's leadership structure is led by Doug McMillon, who has served as the President and CEO since 2014. McMillon provides overall leadership and direction for the company. Supporting him is a Senior Leadership Team composed of executives responsible for key areas, including finance, operations, and e-commerce. This team plays a crucial role in executing Walmart's strategic initiatives. Additionally, the company is governed by a Board of Directors, which is chaired by an independent director and includes a mix of independent and non-executive members. The board provides oversight and guidance, ensuring accountability and alignment with Walmart's mission and values. For the most current and detailed information on Walmart's leadership structure, it is recommended to check the company's official website or recent corporate reports.

Board of director Walmart's Board of Directors generally includes a mix of independent and non-executive directors, with committees focusing on areas like audit, compensation, and governance. The board plays a crucial role in overseeing the company's strategic direction, financial practices, and adherence to governance principles.

ETHICAL STANDARDS Walmart's ethical standards, outlined in its Code of Ethics, include principles of integrity, respect for individuals, compliance with laws, fair competition, confidentiality, avoidance of insider trading, responsible use of company resources, and a commitment to environmental stewardship. Associates are expected to adhere to these standards, promoting a culture of honesty, transparency, and responsible business conduct. For the most current and detailed information, it is recommended to refer directly to Walmart's official Code of Ethics available on the company's website or in official corporate documents.

Our ability to create shared value depends   on direct and frequent engagement with our   customers, associates and community leaders, as   well as the people who supply our products, hold our stock and evaluate our performance. Stakeholder   perspectives and feedback help improve the   relevance and effectiveness of the products and   services we offer and the initiatives we support STAKEHOLDER ENGAGEMENT

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