Walmart adding board member
Walmart Stores Inc. said Monday that it is adding the former international chairman of accounting firm KPMG to its board, effective immediately.
Tim Flynn, 55, will become the board’s 17th member and is also joining the audit committee. Flynn spent 32 years at KPMG and became international chairman in 2007. He retired in 2011. The move comes as Walmart attempts to regain shareholder trust following allegations of a bribery scandal in Mexico that has led to federal investigations in the U.S. and Mexico, as well as a global anti-corruption compliance review by Walmart.