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Wal-Mart's proxy vote shows dissent against execs

Thirteen percent of shares were voted against the reelection of CEO Mike Duke, in wake of allegations of bribery in Mexico, many by several large pension funds.

By Anne D'Innocenzio | Updated on June 04, 2012
Jim, Alice and Robert Walton, children of Wal-Mart founder Sam Walton, at Friday's shareholders' meeting in Fayetteville, Ark. (AP Photo/April L. Brown)

NEW YORK (AP) — Wal-Mart’s final shareholder vote for its board of directors shows some dissent against key executives and board members, including CEO Mike Duke, in the wake of allegations of bribery in Mexico.

According to the tally, released by the world’s largest retailer Monday, 13 percent of the 3.4 billion shares were voted against the re-election of Duke. The election results also showed that nearly 13 percent were against Chairman Robson Walton, the son of founder Sam Walton, and 15.6 percent against former CEO Lee Scott. A little over 13 percent of the votes were cast against Christopher Williams, chairman and CEO of The Williams Capital Group, who serves on Wal-Mart’s audit committee,

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