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Report: Wal-Mart names new head of corporate foundation
New York City -- Wal-Mart Stores on Friday will appoint Sylvia Mathews Burwell, a former senior executive of the Bill & Melinda Gates Foundation, to head its corporate foundation, according to the New York Times. She also will oversee the retail giant’s social, environmental and economic development programs in Africa.
Burwell replaces Margaret A. McKenna, who became the company foundation’s president in 2007.
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Walmart gives $140,000 on day 8 of holiday Facebook campaign
Bentonville, Ark. -- Wal-Mart Stores said Monday that, on the eighth day of its "12 Days of Giving" Facebook campaign, it is awarding $140,000 to nine nonprofits aiding veterans, active members of the military and their families.
Over 12 consecutive days, Walmart will award a total of $1.5 million to 145 organizations in all 50 states, Washington, D.C., and Puerto Rico.