Wal-Mart says Gean is global FCPA officer
Wal-Mart Stores Inc
The disclosures come after the New York Times reported on Saturday that a senior Wal-Mart lawyer received an email from a former executive at Wal-Mart de Mexico
Tom Gean, former U.S. attorney for the Western District of Arkansas, was named to the newly created post of global FCPA compliance officer earlier this year. Gean has worked for Wal-Mart since 2004. Wal-Mart said that Gean stepped into the new role before the Times story ran -- but that was after the Times said it informed Wal-Mart about its reporting last year.
Law firm Jones Day is leading the company's investigation and is reporting to the audit committee of the board, which is comprised of four independent directors. Deloitte
Cahill Gordon & Reindel is serving as outside counsel to the audit committee, Wal-Mart said.
Meanwhile, Greenberg Traurig is the outside counsel for the worldwide compliance review Wal-Mart says it started in March 2011, and reports to Gean. KPMG
(Reporting by Jessica Wohl in Chicago; Editing by Gerald E. McCormick)
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