The Wal-Marts CEO, Hock Day, will be the keynote speaker at a meeting of the Wal- Mart Board of Directors, according to a notice posted on the company’s website Friday morning.
Day, who is also chairman and CEO of Sears Holdings Corp., will give a “business and financial insight” at the company, the notice said.
“He will offer insight on what the company is doing to grow its business, attract and retain employees, and help grow the company,” the notice added.
The company said it has set aside $200 million for Day’s remarks.
“His leadership skills will serve as a great asset to the company in building its brand, its sales force, and the quality of our products,” Wal- Marts CEO Dave Mullins said in a statement.
Day was named the CEO of Wal- mart in March after previously working for other companies.
He joined Wal- marts in 2004 after working for a company called Home Depot.
In his role, Day oversaw sales at Walmarts stores and oversaw its distribution network.
He had been the vice president of sales and marketing for Home Depot from 2001 to 2004, before stepping down.
Wal- merds chief executive, Doug McMillon, is the second person to speak at the meeting.
McMillon has been chairman of the board of directors for Wal- mans parent company, Wal- mars Co., since May.