Exploring Corporate Governance Around the World

By Allison Garrett, Senior Vice President for Academic Affairs at Oklahoma Christian University

Friday, April 17, 2009

Remodeling an Office the Wal-Mart Way

Last night, Mike Duke, the new CEO of Wal-Mart, spoke at the awards banquet for Oklahoma Christian University's School of Business. He also received the Christian Business Leader of the Year Award from the School of Business.

During his speech, he noted that while some executives may be spending upwards of $1 million to remodel their offices, he didn't when he moved into the CEO's office at Wal-Mart. Instead, Duke and his wife put on their jeans after church on Sunday, February 1. They headed over to the Wal-Mart home office and dusted and moved his things into the office. Grand total for the Mike Duke move into the CEO's office? The $5 he spent to buy lunch for his wife that day. My bet is that he paid for that out of his own pocket.


begamo said...

Smart move, Wal-Mart will always a model company.

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