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JUN 15, 2013 - Yahoo! News

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Wal-Mart taps Cash as new presiding director, replacing Breyer

(Reuters) - Wal-Mart Stores Inc said on Saturday that its board has appointed James Cash Jr. as lead independent director. Cash, who joined Wal-Mart's board in 2006, replaces James Breyer, who served on the board for more than a decade, but was prevented from running again this year under the company's rules of corporate governance. A former faculty member at Harvard Business School, Cash is also a member of Wal-Mart's audit committee. ...

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