Carol Schumacher, vice president of Investor Relations for Wal-Mart Stores, is exiting the retailer effective Aug. 21, after more than a decade.
She has accepted another job and will be relocating to the Southeast, according to a corporate memo furnished to The City Wire on Tuesday (Aug. 11), by the retailer’s corporate communications department.
Schumacher joined Walmart in 2004 as vice president of corporate affairs, before transitioning to her current with Investor Relations. Leading the complex investor relations team, she earned the trust of our most senior company leaders and our investment community, the retailer noted in the memo.
Wal-Mart said during her time with the company, Schumacher has been instrumental in growing the Investor Relations function into a first class organization. She also led the evolution of the retailer’s annual report to a digital format; re-launched the corporate Investor Relations website; led the transition of our earnings release last quarter with easier-to-read infographics; and promoted how we communicate financial news through social channels.
She has also made valuable contributions engaging shareholders on key governance, social, business and environmental issues impacting the company.
“As we conduct a search for a permanent replacement, Pauline Mohler has agreed to fill in and lead the Investor Relations team in the interim,” Wal-Mart notes in the memo.