Lee Scott (businessman): Difference between revisions
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{{short description|American businessman (born 1949)}} |
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:''[[Lee Scott (UK politician)|Lee Scott]] is also the name of a British Member of Parliament.'' |
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{{Use mdy dates|date=September 2019}} |
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{{Infobox person |
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| name = Lee Scott |
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| image = |
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| caption = |
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| birth_name = Harold Lee Scott Jr. |
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| birth_date = {{birth date and age|1949|3|14}} |
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| birth_place = [[Baxter Springs, Kansas]]<br>United States |
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| death_date = <!-- {{Death date and age|YYYY|MM|DD|YYYY|MM|DD}} --> |
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| resting_place_coordinates = <!-- {{coord|LAT|LONG|display=inline,title}} --> |
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| nationality = American |
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| citizenship = |
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| other_names = |
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| education = |
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| alma_mater = [[Pittsburg State University]] <small>([[Bachelor of Science|BS]])</small> |
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| employer = [[Wal-Mart Stores, Inc.]] |
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| occupation = Businessman |
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| years_active = |
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| title = |
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| height = |
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| term = |
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| predecessor = [[David Glass (businessman)|David Glass]] |
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| successor = [[Mike Duke]] |
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| boards = Wal-Mart |
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}} |
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''' |
'''Harold Lee Scott Jr.''' is an American businessman who was the third chief executive officer of [[Wal-Mart Stores, Inc.]], from January 2000 to January 2009. Scott joined Walmart in 1979 and under his leadership, the company retained its position as the largest retailer in the world based on [[revenue]], although the company faced [[criticism of Walmart|growing criticism]] during his tenure for its environmental footprint, labor practices, and economic impact. Scott has been a board member of Walmart since 1999, and was chairman of the executive committee of the retailer's board of directors.<ref name="Wamart">{{cite web|url=http://investors.walmartstores.com/phoenix.zhtml?c=112761&p=irol-govboard|title=Board of Directors|publisher=Wal-Mart|accessdate=February 16, 2011}}</ref> |
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Scott was born and raised in [[Baxter Springs, Kansas]] and graduated with a Bachelor of Science degree in business from [[Pittsburg State University]]. He is married to Linda G. Scott and has two children. Scott was named to the ''[[Time (magazine)|Time]]'' magazine list of the hundred "[[Time 100|most influential people]]" in both 2004 and 2005. In 2019, Scott was inducted into the [[Kansas Business Hall of Fame]].<ref>{{Cite web |title=Contemporary Honorees |url=http://www.ksbhf.org/contemporary-honorees.html |access-date=2023-11-23 |website=[[Kansas Business Hall of Fame]]}}</ref> |
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Scott was included in ''[[Time (magazine)|TIME]]'' magazine's lists of the [[Time 100|100 most influential people of 2004 and 2005]]. |
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== |
== References == |
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{{Reflist}} |
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Scott has been required to respond to criticism aimed at his company during his tenure. Among [[criticism of Wal-Mart|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 [[United States|American]] product developers. Critics have also accused Wal-Mart of implementing corporate policies that are detrimental or unfair to retail store [[employee]]s, 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. |
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On February 17, 2006, the headline of the ''[[New York Times]]''' business section was a leak of Scott's internal "Lee's Garage" website<ref>[http://www.nytimes.com/2006/02/17/business/17walmart.html On Private Web Site, Wal-Mart Chief Talks Tough - New York Times<!-- Bot generated title -->]</ref><ref>[http://crazypolitics.blogspot.com/2006/02/ny-times-makes-wal-mart-look-good.html Crazy Politico's Rantings: NY Times Makes Wal Mart Look Good<!-- Bot generated title -->]</ref>, started as a way to communicate with his far-flung managers but now accessible by all employees. The leak was allegedly perpetrated by a disgruntled manager to the [[Wal-Mart Watch]] website, which reprinted the article. The article portrayed a different side of Scott than the public image, showing him taking a very sarcastic tone with managers who question Wal-Mart's benefits and other policies, labeling these managers as disloyal. |
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In February 2007, perhaps in response to company criticisms, he launched [[Sustainability 360]] during a keynote lecture at Prince of Wales's Business and Environment Program [http://www.cpi.cam.ac.uk/programmes/sustainable_development/business__the_environment_pro.aspx] in [[London]]. <ref>[http://www.csmonitor.com/2007/0809/p09s01-coop.html?page=2 The social responsibility revolution | csmonitor.com<!-- Bot generated title -->]</ref> |
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==Sources== |
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#http://walmartstores.com/AboutUs/7843.aspx?p=7823 |
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#[http://money.cnn.com/2004/01/11/news/companies/walmart_nrf/ CNN Money] |
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#[http://www.mindfully.org/Industry/2005/Wal-Mart-Lee-Scott26jul05.htm Wall Street Journal] |
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==External links== |
==External links== |
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*[http://www.grist.org/news/maindish/2006/04/12/griscom-little/index.html Interview with ''Grist Magazine''] |
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{{DEFAULTSORT:Scott, Lee}} |
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[[Category:1949 births]] |
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[[Category:Living people]] |
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[[Category:American retail chief executives]] |
[[Category:American retail chief executives]] |
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[[Category: |
[[Category:Directors of Walmart]] |
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[[Category:People from Baxter Springs, Kansas]] |
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[[Category:Pittsburg State University alumni]] |
[[Category:Pittsburg State University alumni]] |
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[[Category:Walmart people]] |
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[[Category:Kansas Business Hall of Fame inductees]] |
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Latest revision as of 02:53, 23 May 2024
Lee Scott | |
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Born | Harold Lee Scott Jr. March 14, 1949 Baxter Springs, Kansas United States |
Nationality | American |
Alma mater | Pittsburg State University (BS) |
Occupation | Businessman |
Employer | Wal-Mart Stores, Inc. |
Predecessor | David Glass |
Successor | Mike Duke |
Board member of | Wal-Mart |
Harold Lee Scott Jr. is an American businessman who was the third chief executive officer of Wal-Mart Stores, Inc., from January 2000 to January 2009. Scott joined Walmart in 1979 and under his leadership, the company retained its position as the largest retailer in the world based on revenue, although the company faced growing criticism during his tenure for its environmental footprint, labor practices, and economic impact. Scott has been a board member of Walmart since 1999, and was chairman of the executive committee of the retailer's board of directors.[1]
Scott was born and raised in Baxter Springs, Kansas and graduated with a Bachelor of Science degree in business from Pittsburg State University. He is married to Linda G. Scott and has two children. Scott was named to the Time magazine list of the hundred "most influential people" in both 2004 and 2005. In 2019, Scott was inducted into the Kansas Business Hall of Fame.[2]
References[edit]
- ^ "Board of Directors". Wal-Mart. Retrieved February 16, 2011.
- ^ "Contemporary Honorees". Kansas Business Hall of Fame. Retrieved November 23, 2023.
External links[edit]