date:Jun 09, 2014
highlights the Walton family's attempts to reinforce its control over the company founded by Rob Walton's father, Sam Walton.
The Walton family controlled 51 percent of Wal-Mart as of April 4.
The appointment aroused shareholder concerns about the company's indifference to growing criticism.
Some shareholders proposed the appointment of an independent chairman and sought disclosures on whether the company had recovered pay from executives involved in frauds.
They also sought transparency on