New Man at the Top of Wal Mart

WAL MART WILL SOON HAVE new chief executive officer. Middle aged white conservaqtive well to do guy, been with the company a while, just like all the other Wal Mart CEOs. Meet the new boss, same as the old boss. It must be a fairly demanding job; Wal Mart changes CEOs fairly frequently, as if the job wears people out, or perhaps wears out their welcome. For a few million dollars a year plus a private jet, I think I could wear myself out a little bit. Wal Mart has its share of troubles. The new guy will certainly have plenty on his plate when he takes over in about two months. The outgoing CEO will stay on as an advisor to the new guy. One day Wal Mart may have a female or minority CEO; so far, they have not had an impressive record with minorities or women. Low level employees are increasingly making noise about low pay. Look for protests outside about half of America's Wal Marts this Friday. Also, the compay has recently been convicted of dumping toxic waste materials illegally in California. Wal Mart, like most American corporations, has a rap sheet that would make Al Capone envious. And, being CEO of a companylike Wal Mat is a great gig if you can get it, everything that goes wrong below you, no matter how far below, is seen as ultimately your responsibility; so out the door the CEOs go, and in come the new ones. It may be that chaning CEOs often helps a huge corporation maintain a reputation as being above board; new man at the top, new improved, cleansed corporate culture.