Former Accenture CFO Pamela Craig has joined the Walmart board and will serve on the retailer’s audit committee involved in a two year old investigation related to the Foreign Corrupt Practices Act.
"Pam is a well-respected leader and ideally suited to serve on Walmart's board given her extensive financial experience and her understanding of the vital role technology plays in business today," said Walmart chairman Rob Walton. "The domestic and global perspectives she gained during her 34 years with Accenture give her unique insight into managing a global company that will be invaluable to Walmart."
Craig, 56, served as Accenture’s CFO from October 2006 until July 2013. Prior to that she held leadership roles that included directing the company’s global office locations, the IT function and travel and cross-company operations. She also managed businesses within the company's Products and Communications & High Tech operating groups. She was a member of Accenture's global executive committee, global operating committee, global management committee, global leadership council and capital committee.
She holds a master of business administration degree from New York University and a bachelor's degree with honors in economics from Smith College. She currently serves on the board of directors and as Audit Committee chair for Akamai Technologies and on the board of VMware.
"I look forward to working with the board and executive management team and to helping Walmart maintain its retail leadership role," Craig said. "In an unpredictable global economy I believe Walmart is well-positioned for continued success through its stores and growing eCommerce business, disciplined financial approach and leadership position on important issues facing society."