Theballerlife.com would like to congratulate Spelman alumnus Rosalind G. Brewer for making history on being named Sam’s Club new president and CEO, making her the first woman and the first African American to hold a CEO position at one of Wal-Mart Stores Inc.’s business units.
Black Enterprise reports:
Brewer, 49, was most recently president of Wal-Mart’s U.S. east business unit and was responsible for more than $100 billion in annual revenue, representing almost 1,600 stores and more than 500,000 associates. Brewer was also the first chairperson of the Wal-Mart President’s Council of Global Women Leaders. In 2010, she was named to Black Enterprise’s “75 Most Powerful Women In Business” list.
Prior to joining Wal-Mart, Brewer worked for Kimberly-Clark Corp., advancing through various positions before becoming president of a key business sector in 2004. She joined Wal-Mart in 2006 as regional vice president overseeing operations in Georgia. She holds a board director seat at Lockheed Martin and serves as chair of the Board of Trustees at her alma mater, Spelman College.
Sam’s Club, with 610 stores and $49 billion in fiscal 2011 sales, is a smaller business than the Walmart division Brewer previously ran. Sam’s Club business has outperformed its namesake stores, and its same-store sales gained 5.7% in the quarter ending October, compared with a 1.3 percent increase for Walmart locations.
Photo Credit: Black Enterprise