Tom Coughlin, former executive and instrumental leader for Walmart, passed away last week at the age of 66.
Coughlin was in intensive care for several weeks and had suffered from several ailments over the last ten years, according to the Wall Street Journal (WSJ), but a direct cause of death has yet to be confirmed.
After joining Walmart in 1978, he became a key influencer in the retail giant’s growth throughout the next couple of decades, working his way up to Vice Chairman of the company as it reached over 3,000 stores in the U.S. alone.
Walmart’s current CEO, Doug McMillon, announced the news in an executive-wide email on Friday, WSJ reported.
“Like me, many of you worked with Tom over his more than 26 years with the company,” McMillon wrote. “I know firsthand how much he loved our associates and this company.”
While Coughlin was involved in a settlement in 2006 for wire fraud and tax-evasion amid accusations of having misappropriated as much as $500,000 from Wal-Mart, WSJ reported that his legacy within the retail market remains.
In fact, those close to him and affiliated with him in business still looked to him for advice as recent as last year, long after his retirement from Walmart in 2005.
At 6’4,” he is remembered as having been a hardworking and loyal leader.
Coughlin was born in Cleveland, Ohio, and is survived by his wife, Cynthia, three children, Kelly, Thomas, and Michael Coughlin, one brother, four sisters, and one grandson. No services have been announced.
DeliMarket News offers its condolences to the family, friends, and colleagues affected by this loss.