Bentonville, Ark. -- Wal-Mart Stores, Inc. has announced that Lawrence V. Jackson will join Wal-Mart as Executive Vice President of the People Division, responsible for human resources strategy and programs for the company's 1.5 million associates. He will also serve as a strategic advisor to other members of the company's senior management team.
Jackson, 51, joins Wal-Mart from Dollar General Corporation, where he has served as president and chief operating officer since September 2003. The move is effective October 15.
"Our company is experiencing a time of tremendous growth and we need a strong leader like Lawrence to guide us through all of the challenges and opportunities that brings," says Wal-Mart Chief Executive Officer Lee Scott. "His personal values and broad experience in the retail and food industry make him the ideal person to step into this role."
Jackson, who will report to Scott, will lead a wide range of human resource areas. This includes planning, training, executive development, recruiting, succession planning, human resources technology, culture change and regulatory issues. He succeeds Coleman Peterson, who retired as executive vice president of the People Division in April of this year.
"I have a deep passion for helping people and feel that business offers the most sustainable way of doing that," says Jackson. "Wal-Mart is a world- class company and I think this is a once in a lifetime opportunity to directly impact its associates and huge customer base."
Jackson was a consultant with McKinsey and Company's New York office from 1979 to 1981. He joined the Pepsi Cola Bottling Group in 1981 and held a variety of positions there, rising through the ranks to become Vice President and General Manager of the company's Southeast Division in 1992. He was promoted to Senior Vice President of Worldwide Operations for PepsiCo Food Systems in 1994. Jackson left to become Senior Vice President of Supply Operations for Safeway, Inc., food stores in 1997 and joined Dollar General six years later.