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Wal-Mart details voting results for board members


Bentonville, Ark. -- Wal-Mart Stores on Monday released the tally of its shareholder vote on Friday in which all directors of its board reelected. The voting showed some dissent against key executives and board members, including CEO Mike Duke, in the wake of allegations of bribery in Mexico.

According to the tally, CEO Mike Duke received 87% of votes in favor of his re-election. In other results, Chairman Robson Walton, son of Sam Walton received 87% in favor of re-election, and former CEO Lee Scott received 84%.

Descendants of Wal-Mart's founder own about 50% of Wal-Mart's shares.

In related news, one new director, Marissa Mayer, VP Local and Maps, Google Inc., was elected to the Wal-Mart board.

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