H. Lee Scott, Jr. is the current president and chief executive officer of Wal-Mart. Scott has worked for Wal-Mart in different capacities since 1979, but has held his current offices since January of 2000. Under his leadership, Wal-Mart has retained its position as the largest retailer and company in the world based on revenue. Scott graduated with a degree in business from Pittsburg State University in Kansas. President is a title held by many leaders of organizations, companies, universities, and countries. ... The Chief Executive Officer (CEO) has the ultimate executive responsibility or authority within an organization or corporation. ... Wal-Mart Stores, Inc. ... 1979 is a common year starting on Monday. ... 2000 is a leap year starting on Saturday of the Gregorian calendar. ... In commerce, a retailer buys goods or products in large quantities from manufacturers or importers, either directly or through a wholesaler, and then sells individual items or small quantities to the general public or end user customers, usually in a shop, also called store. ... A company in the broadest sense is an aggregation of people who stay together for a common purpose. ... In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. ... Business refers to at least three closely related commercial topics. ... Pittsburg State University is a public, coeducational university located in Pittsburg, Kansas. ... State nickname: The Sunflower State Other U.S. States Capital Topeka Largest city Wichita Governor Kathleen Sebelius Official languages None Area 82,277 mi²; 213,096 km² (15th)  - Land 81,815 mi²; 211,900 km²  - Water 462 mi²; 1,196 km² (0. ...

Scott was included in TIME Magazine's lists of the 100 most influential people of 2004 and 2005. The first annual special issue of TIME magazines 100 most influential people (or pairs), was on newsstands on 2004-04-20. ... Leaders and revolutionaries Mahmoud Abbas - new President of the Palestinian Authority Gordon Brown - British Chancellor of the Exchequer George W. Bush — President of the United States Hugo Chávez - President of Venezuela Chen Shui-bian - President of the Republic of China; leader of Taiwan. ...

Criticism

Scott has been required to respond to criticism aimed at his company during his tenure. Among other criticisms, Wal-Mart has faced criticism for its trade with China and for its labor policies. In response to accusations that Wal-Mart's trade with China has resulted in a loss of manufacturing jobs in the United States, Scott has stated that many companies engage in trade with China and that he sees a lack of innovation among American product developers. Critics have also accused Wal-Mart of implementing corporate policies that are detrimental or unfair to retail store employees, such as low hourly wage standards and anti-labor union policies. Scott's response to these criticisms has been that Wal-Mart actually pays its employees more than other retailers and that a large percentage of its workers enjoy health benefits. Scott has said that he believes such criticism has hurt employee morale and that employees look to him to speak up for them and respond. Overview From a financial standpoint, Wal-Mart is one of the most successful companies ever. ... Manufacturing is the transformation of raw materials into finished goods for sale, or intermediate processes involving the production or finishing of semi-manufactures. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... A union (labor union in American English; trade union, sometimes trades union, in British English; either labour union or trade union in Canadian English) is a legal entity consisting of employees or workers having a common interest, such as all the assembly workers for one employer, or all the workers... Insurance is the business of providing protection against financial aspects of risk, such as those to property, life, health and legal liability. ...

Sources

1. Wal-Mart's short bio
2. CNN Money
3. LA Times article

However, Scott stares like a zombie at a teleprompter when he "speaks to" his employees.