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Thomas M. Schoewe Executive Vice President & Chief Financial Officer 

## DIRECTORS: 

John T. Chambers Stephen Friedman Stanley C. Gault David D. Glass Roland Hernandez Dr. Frederick S. Humphries E. Stanley Kroenke Elizabeth A. Sanders H. Lee Scott Jack C. Shewmaker Donald G. Soderquist Dr. Paula Stern Jose Villarreal John T. Walton S. Robson Walton 

## OFFICERS: 

S. Robson Walton Chairman of the Board 

H. Lee Scott President & CEO 

David D. Glass Chairman, Executive Committee of the Board 

Paul R. Carter Executive Vice President & President, Wal-Mart Realty 

Bob Connolly Executive Vice President, Merchandise 

Thomas M. Coughlin Executive Vice President & President & CEO, Wal-Mart Stores Division 

David Dible Executive Vice President, Specialty Division 

Michael Duke Executive Vice President, Administration 

Thomas Grimm Executive Vice President & President & CEO, SAM’S CLUB 

Don Harris Executive Vice President, Operations 

John B. Menzer Executive Vice President & President & CEO, International Division 

Coleman Peterson Executive Vice President, People Division 

Robert K. Rhoads Senior Vice President, General Counsel & Secretary 

J. J. Fitzsimmons Senior Vice President, Finance & Treasurer 

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*Calculated giving effect to the amount by which a lawsuit settlement exceeded established reserves. If this settlement was not considered, the return was 9.8%. 

## FINANCIAL HIGHLIGHTS 

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