David Glass, Who Led Walmart Through a Period of Rapid Growth, Has Died

Date : 01/17/2020 @ 10:33PM
Source : Dow Jones News
Stock : Walmart Inc (WMT)
Quote : 107.68  -2.72 (-2.46%) @ 10:08PM
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David Glass, Who Led Walmart Through a Period of Rapid Growth, Has Died

Walmart (NYSE:WMT)
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   By Maria Armental 
 

David Glass, who as chief executive of Walmart Inc. oversaw a major expansion of what is now the world's largest retailer before taking on a second career as chairman and CEO of the Kansas City Royals, has died. He was 84.

The cause was complications from pneumonia, according to the Glass family.

Mr. Glass was recruited in 1976 by Walmart founder Sam Walton, whom he later succeeded as CEO.

"When we lost my Dad, David provided a steady, visionary hand the company needed to lead it forward," Rob Walton, former Walmart chairman and Sam Walton's eldest son, said in a statement. "More than anyone beyond Sam Walton, David Glass is responsible for making Walmart the company it is today."

 

Write to Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

January 17, 2020 17:18 ET (22:18 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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