Wal-Mart Taps Former Coke CEO for Board
BENTONVILLE, Ark. -- Douglas N. Daft, 61, retired chairman of the board and c.e.o. of The Coca-Cola Company, has been appointed to the board of directors of Wal-Mart Stores, Inc.
"Doug is an excellent addition to the Board of Directors," said Rob Walton, chairman of Wal-Mart Stores, Inc. "He will add valuable insight, drawing on his long-standing business experience and breadth of knowledge, especially in international operations."
Before his retirement in June 2004, Daft had a 35-year career with The Coca-Cola Company, including being elected president and chief operating officer of The Coca-Cola Company in December 1999 and chairman of the Board of Directors and chief executive officer in February 2000.
"Doug is an excellent addition to the Board of Directors," said Rob Walton, chairman of Wal-Mart Stores, Inc. "He will add valuable insight, drawing on his long-standing business experience and breadth of knowledge, especially in international operations."
Before his retirement in June 2004, Daft had a 35-year career with The Coca-Cola Company, including being elected president and chief operating officer of The Coca-Cola Company in December 1999 and chairman of the Board of Directors and chief executive officer in February 2000.