S Robson is the chairman of the world’s largest retail chain Wal-Mart, and he is the 4th richest ma in the United States. In October of 2010 he was named the 10th richest man in the world.
S Robson Walton was born in 1945, and was the first son of Sam Walton, who is the founder of Wal-Mart. As a young man Walton attended the College of Wooster in Ohio. He then went on to the University of Arkansas.
In college he studied business administration and subsequently graduated with a bachelor of science in the subject in 1966, and later in 1969 he received a jurisprudence doctorate from New York’s Colombia University School of Law.
After Rob Walton graduated, he joined the law firm responsible for representing his father’s company, and later joined the Wal-Mart Company. Shortly after his father’s death, he became the chairman of Wal-Mart, and still holds this position today.
Since joining the firm, Rob Walton has served in many positions including Secretary, General Counsel, Senior Vice President, and Vice Chairman. It is believed that Walton had expected to succeed his father a while before, and his father had considered stepping down to allow this.
During Walton’s father’s lifetime, Rob Walton regularly attended annual board meetings and store openings with his father, and was heavily involved in the Wal-Mart expansion during his time as the Vice Chairman.
In 1990 a trust was set up which divided the ownership of Wal-Mart’s investments between Walton and his three siblings to ensure that each of them had equal voting rights. The trust prevents any family stocks being sold without the prior consent and agreement of other stockholders.
He is today among the richest men in the world, and he was valued this year at $19.8 billion. Walton is married and has five children,
Early Years Samuel Moore Walton was born on March 29, 1918 to Thomas Gibson and Nancy Lee Walton near Kingfisher, Oklahoma. In Oklahoma, he lived and worked on his family’s farm. He grew up during the depression and knew the meaning of hard work and dedication. He started selling magazine subscriptions by the age of only eight years old to help with money because it was lacking on the farm making it hard to feed their family. The Walton's decided that the farm was not profitable enough to raise…
Wal-Mart Stores, Inc. Walmart logo, used since June 30, 2008 Type Public Traded as NYSE: WMT Dow Jones Industrial Average Component S&P 500 Component Industry Retail Founded 1962 Founder(s) Sam Walton Headquarters Bentonville, Arkansas, United States 36°21′51″N 094°12′59″W Number of locations 8,970 (2011) Area served Worldwide Key people S. Robson Walton, Chairman Mike Duke, President/CEO Products Apparel/footwear specialty, cash & carry/warehouse club, discount store, hypermarket/supercenter/superstore…
Abstract In this scenario, there will be a discussion on Wal-Mart and K-Mart since they are both a retail marketer. We will be taking a look at as well as analyses will be done on both the store. I do not have a job in an organization right now. My family seems to think that I am there free baby sitter as well as their free housekeeper. In the mean time I will use one of my old jobs in which it was Wal-Mart as well as for the other one in the same market we will use K-Mart. Both of them are…