Lee Scott: Wikis

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H. Lee Scott, Jr.
Born Harold Lee Scott, Jr.
1949
Baxter Springs, Kansas
Nationality United States
Ethnicity White
Alma mater Pittsburg State University
Occupation Businessman
Employer Wal-Mart Stores, Inc.
Salary US$1,400,000 (2007)
Total: US$31,597,400 (2007)[1]
Title Chairman of the Executive Committee of the Board
Predecessor David Glass
Successor Mike Duke
Spouse(s) Linda Scott
Children 2

Harold Lee Scott, Jr. is an American businessman, who served as the third chief executive officer of Wal-Mart Stores, Inc., from January 2000 to January 2009. Scott joined Wal-Mart in 1979 and under his leadership, the company retained its position as the largest retailer in the world based on revenue, although the company faced growing criticism during his tenure for its environmental footprint, labor practices, and economic impact.

Scott was born and raised in Baxter Springs, Kansas and graduated with a degree in business from Pittsburg State University. He is married to Linda G. Scott and has two children. Scott was named to the TIME magazine list of the hundred "most influential people" in both 2004 and 2005.

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Criticism

Wal-Mart frequently came under criticism by the media and the public during Scott's tenure. Wal-Mart was questioned for its trade with China and for its labor policies. In response to accusations that Wal-Mart's trade with China resulted in a loss of manufacturing jobs in the United States, Scott stated that many other companies also engage in trade with China and that he observed lack of innovation among producers in the United States. Critics have also accused Wal-Mart of implementing policies that are detrimental or unfair to retail store employees, such as low hourly wages and anti-labor union policies. Scott responded that Wal-Mart actually pays its employees more than other retailers do and that a large percentage of the workers enjoy health benefits. According to Scott, he believed such criticism hurt employee morale and that employees called on him to respond and speak up on their behalf.

On February 17, 2006, a headline in the business section of the New York Times reported a leak of Scott's internal website, "Lee's Garage".[2][3] The site had started as a means of communicating with his far-flung managers but was now accessible by all employees. A disgruntled manager allegedly disclosed the site to the Wal-Mart Watch website, which reprinted the article. The article portrays a side of Scott different from what he conveys in public. He apparently was sarcastic toward managers who questioned the company's benefits and other policies, labeling them as disloyal.

In February 2007, evidently in response to the criticisms, Scott launched "Sustainability 360" during a keynote lecture at the Prince of Wales's Business and Environment Program [1] in London.[4]

References

Further reading

External links

Preceded by
David Glass
President of Wal-Mart
2000–2009
Succeeded by
Mike Duke
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