2011 Walmart Board of Directors

Board members pictured, left to right

Front Row: James W. Breyer, Steven S Reinemund, Aida M. Alvarez, S. Robson Walton, Roger C. Corbett, H. Lee Scott, Jr., M. Michele Burns
Back Row: Linda S. Wolf, Douglas N. Daft, James I. Cash, Jr., Ph.D., Gregory B. Penner, Arne M. Sorenson, Michael T. Duke, Jim C. Walton, Christopher J. Williams
Aida M. Alvarez(a)
Ms. Alvarez is the former Administrator of the U.S. Small Business Administration and was a member of President Clinton’s Cabinet from 1997 to 2001.

James W. Breyer(b)*
Mr. Breyer is a Partner of Accel Partners, a venture capital firm.

M. Michele Burns(b)
Ms. Burns is the Chairman and Chief Executive Officer of Mercer LLC, a subsidiary of Marsh & McLennan Companies, Inc.

James I. Cash, Jr., Ph.D.(a)
Dr. Cash is the retired James E. Robison Emeritus Professor of Business Administration at Harvard Business School, where he served from July 1976 to October 2003.

Roger C. Corbett(b)
Mr. Corbett is the retired Chief Executive Officer and Group Managing Director of Woolworths Limited, the largest retail company in Australia.
Douglas N. Daft(c)
Mr. Daft is the retired Chairman of the Board of Directors and Chief Executive Officer of The Coca-Cola Company, a beverage manufacturer, where he served in that capacity from February 2000 until May 2004, and in various other capacities since 1969.

Michael T. Duke(d)*(e)*
Mr. Duke is the President and Chief Executive Officer of Wal-Mart Stores, Inc. and is the Chairman of the Executive Committee of the Board of Directors.

Gregory B. Penner(e)
Mr. Penner is a General Partner at Madrone Capital Partners, an investment management firm.

Steven S Reinemund(c)
Mr. Reinemund is the Dean
of Business and Professor of
Leadership and Strategy at
Wake Forest University. He
previously served as the
Chairman of the Board and
Chairman and Chief Executive
Officer of PepsiCo, Inc.
H. Lee Scott, Jr.(b)
Mr. Scott is the former Chairman of the Executive Committee of the Board of Directors of Wal-Mart Stores, Inc. He is the former President and Chief Executive Officer of Wal-Mart Stores, Inc., serving in that position from January 2000 to January 2009.

Arne M. Sorenson(a)
Mr. Sorenson is President and Chief Operating Officer of Marriott International, Inc.

Jim C. Walton(b)
Mr. Walton is the Chairman of the Board of Directors and Chief Executive Officer of Arvest Bank Group, Inc., a group of banks operating in the states of Arkansas, Kansas, Missouri and Oklahoma.

S. Robson Walton(d)(e)
Mr. Walton is the Chairman of the Board of Directors of Wal-Mart Stores, Inc.
Christopher J. Williams(a)*(d)
Mr. Williams is the Chairman of the Board of Directors and Chief Executive Officer of The Williams Capital Group, L.P., an investment bank.

Linda S. Wolf(c)*
Ms. Wolf is the retired Chairman of the Board of Directors and Chief Executive Officer of Leo Burnett Worldwide, Inc., an advertising agency and division of Publicis Groupe S.A.
Committees
(a) Audit
(b) Strategic Planning and Finance
(c) Compensation, Nominating
      and Governance
(d) Executive
(e) Global Compensation

* Denotes Committee Chairperson