Karen Roberts was named EVP and general counsel for Wal-Mart Stores, Inc. on Thursday amid the retailer’s ongoing investigation in possible violations of the U.S. Foreign Corrupt Practices Act.
Roberts, 42, is a 17 year Walmart veteran who most recently served as EVP and president of Walmart Realty for Walmart U.S.. However, prior to that, she held the position of SVP and chief compliance officer for Walmart U.S. where she oversaw the establishment of food and product safety programs and a recycling program.
In her new capacity she will report to EVP and corporate secretary Jeff Gearhart, 48, effective at the beginning of the company’s new fiscal year on February 1, 2013. Her responsibilities will include management of Walmart’s legal department and all legal matters affecting the company in its domestic and international markets, according to Walmart. Meanwhile, Gearhart will maintain oversight for the legal function in addition to his newly expanded responsibilities for Walmart&rsq