Thursday, July 24, 2014

Speaking of CEOs...

...Walmart is attempting to implicate the corporate infrastructure rather than the family. You know, Walmart profiteers are buoyed by corporate welfare, just like Koch Industries and all those other bozos.

Wal-Mart said Thursday (click here) that Greg Foran will replace Bill Simon as its U.S. CEO.
Simon has been in the role since June 2010 and will leave the company.
Wal-mart's stock was down just under 1% to $76.30 in pre-market trading.
Foran will take over on August 9 and report directly to Wal-Mart President and CEO Doug McMillon. Simon will be available on a consulting basis for the next six months "to ensure a seamless transition," the company said.
Walmart CEO Doug McMillon was appointed in February, making the change at the top of U.S. operations his first major appointment. Sales in the U.S. have been sluggish for Walmart, which reported its smallest growth in quarterly sales in nearly five years in May....

See there, "Walmart said..." just like a real person like the Robert's court said.

You know it's corporate welfare when more than 6.1 percent of the companies employees are receiving food stamps and Medicaid. Where are the Republicans on that?