Date of Birth: March 14, 1949
Zodiac Sign: Pisces
Biography
Lee Scott is an American businessman best known for his tenure as the President and Chief Executive Officer (CEO) of Walmart, the world’s largest retail corporation. Scott was born in Baxter Springs, Kansas, and grew up in a modest household. He earned a bachelor’s degree in Business from Pittsburg State University in Kansas. Scott joined Walmart in 1979 as an assistant director in the logistics division and steadily climbed the corporate ladder due to his innovative ideas and commitment to efficiency. In 2000, Scott was appointed CEO of Walmart, succeeding David Glass. During his leadership, he focused on international expansion, sustainability, and improving employee wages and benefits. His tenure saw Walmart’s revenue and market share grow significantly, solidifying its position as a global retail giant. Scott retired from his role as CEO in 2009 but continues to serve as an influential figure in business circles.
5 Interesting Facts about Lee Scott
1. Lee Scott was instrumental in launching Walmart’s sustainability initiative, which aimed to make the company more environmentally friendly.
2. Under his leadership, Walmart expanded its operations to multiple countries, including China and India.
3. Scott was known for his hands-on management style, frequently visiting Walmart stores to interact with employees and customers.
4. He was a strong advocate for raising employee wages and improving working conditions within the company.
5. After retiring, Scott continued to work with various non-profit organizations focused on education and economic development.
5 Most Interesting Quotes from Lee Scott
1. “Our people make the difference. We have the best, most hardworking people in retail.”
2. “Sustainability is not just about the environment; it’s about our future, our communities, and our business.”
3. “If you want to understand how a lion hunts, don’t go to the zoo. Go to the jungle.”
4. “The secret to successful leadership is not in doing extraordinary things, but in doing simple things extraordinarily well.”
5. “We have a responsibility to lead in a way that makes us proud of who we are and what we do.”
Highest Net Worth Achieved
At the peak of his career, Lee Scott’s net worth was estimated to be around $100 million.
Children
Lee Scott has three children with his wife, Linda. They have largely stayed out of the public eye, focusing on their own careers and personal lives.
Relevant Links
1. [Lee Scott on Wikipedia](https://en.wikipedia.org/wiki/Lee_Scott
2. [Walmart’s Sustainability Initiative](https://corporate.walmart.com/sustainability
4. [Lee Scott’s Tenure at Walmart](https://www.bloomberg.com/profile/person/1529630
5. [Lee Scott’s Contributions to Business](https://hbr.org/2008/03/transforming-walmart
