Walmart has announced that Kathleen McLaughlin, 48, has been named president of the Walmart Foundation, effective Oct. 15.
In addition to leading corporate giving, she will have responsibility for the company’s global sustainability, women’s economic empowerment initiatives and healthier food initiatives.
McLaughlin, previously a senior partner at global consulting firm McKinsey & Company, is a dual American-Canadian citizen and was based in Toronto.[ Also Read: Walmart Invites Entrepreneurs to ‘Get on the Shelf’ ]
“Kathleen has a personal passion for making a difference on social issues and the business expertise to help successfully develop and implement real, long-term solutions,” said Mike Duke, Wal-Mart Stores, Inc. president and CEO.
McLaughlin (pictured above) recently completed 10 years of service on the board of the Toronto Community Foundation, including chairing the Community Initiatives Committee that oversaw initiatives and grant-making to Toronto NGOs addressing poverty, hunger, housing and immigrant integration issues.
She, her husband Tim Costigan and their three children will be relocating to northwest Arkansas.