McKenna named Wal-Mart Foundation head

BENTONVILLE, Ark. Wal-Mart Stores today announced that Margaret McKenna has been named the new president of the Wal-Mart Foundation. McKenna joins Wal-Mart after a long career in the public and non-profit sectors, and having recently resigned as the president of Lesley University after more than two decades of service.

"Margaret McKenna has a proven track record in leading organizations to achieve their goals and managing programs that have a positive impact on communities," said Leslie Dach, evp of corporate affairs and government relations for Wal-Mart. "We are proud of our many accomplishments in the area of corporate giving, and we're ready to take the Wal-Mart Foundation to the next level of effectiveness by strengthening our strategic focus and the impact of our giving. We are confident that Margaret is the person to lead us to achieve this goal."