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Walmart tops list of charitable givers
No company gave more money and products to charity in 2011 than Walmart, according to The Chronicle of Philanthropy’s annual ranking.
The publication put Walmart at the top of its list of the 10 most charitable companies, indicating that the company donated $342 million in cash and $616 million in products last year. That is the equivalent of 4.1% of the company’s 2010 pretax profits.
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CBRE names president of central division
Los Angeles -- CBRE Group announced that Mike Gerard has been named president of the company’s U.S. Central Division, a geographic region with more than 25 offices in nine states.
Gerard has served as chief learning officer since early 2011, with responsibility for CBRE University, and other learning and development programs. He will continue to provide executive oversight for CBRE University. Andrea Lipton, corporate director of learning & development, has been promoted to VP and will run the university’s day-to-day operations.