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The City Wire has a story speculating that "the Wal-Mart Board of Directors meeting scheduled for later this week may include the selection and announcement of Doug McMillon or Bill Simon as the new top boss at Wal-Mart Stores," succeeding the current CEO, Mike Duke. "Rumors have swirled for months that the 63-year-old Duke would step down as CEO before the end of the year and his 64th birthday on Dec. 7," the story says.

According to the piece, McMillon, CEO of Walmart International, is considered the favorite, in part because his recent international experience give shim the grounding necessary to deal with global expansion, plus deal with ongoing allegations that Walmart had violated the Foreign Corrupt Practices Act by bring officials in various countries to speed its expansion.
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