New: Mariner Organic Little Dippers® Club House & Thin Wheat. Made Simple. Made Right.
Lactose-Free Bries
Walmart Takes Legal Action to Bar Former Tax Executive From Joining Amazon

Walmart Takes Legal Action to Bar Former Tax Executive From Joining Amazon


WILMINGTON, DE
Friday, June 8th, 2018

This week, Reuters reported Walmart filed a lawsuit with Delaware’s Court of Chancery to keep a former top tax executive from joining Amazon’s team. Walmart claims that the former Senior Vice President, Chief Tax Officer Lisa Wadlin’s departure violates a non-compete agreement and threatens the possibility of spilling its secrets to one of its biggest rivals.

Randy Hargrove, Senior Director of National Media Relations, Walmart

“We believe Ms. Wadlin’s acceptance of a job with Amazon will violate her non-compete clause,” said Walmart Senior Director of National Media Relations Randy Hargrove, who also noted that many Walmart senior executives agree to forego working for competitors with revenue in excess of $7 billion for two years after leaving the company.

According to Reuters, while Wadlin told Walmart in January that she would be resigning from her position, she did not disclose that she would be joining Amazon as a Vice President of Tax and Tax Policy until separation papers were signed on May 15.

Walmart has filed a lawsuit with Delaware’s Court of Chancery to keep a former top tax executive from joining Amazon’s team

Specifically, Walmart raised concern that this move will tip off Amazon to strategic plans like possible merger targets, and give away whatever edge it has in those plans.

Will the court find favor with Walmart? Deli Market News will report as the two retailers continue to go head-to-head.

Walmart
Topics:


New: Mariner Organic Little Dippers® Club House & Thin Wheat. Made Simple. Made Right. Lactose-Free Bries

Have a new product, press release or story idea?

Let us know

In This Story


We’re proud to serve customers in more than 25 countries worldwide and are committed to helping people save money so they can live a better life.

Marin French Cheese Introduces Petite Mustard Brie

The cheesemaker's latest line extension embraces a piquant flavor trend.
View Press Release

Specialty Food Association Winter Fancy Food Show Features Innovation and Disruption

The fastest-growing segment of the food industry, specialty food, is gathering in San Francisco, California, for another great show.
View Press Release

Ithaca Cold-Crafted Closes $2.7 Million In New Growth Capital From LiDestri Food and Drink

The brand is currently available at more than 3,000 retail doors across the U.S., including Wegmans, Publix, Stop & Shop, Shoprite, and The Fresh Market.
View Press Release

Califia Farms Further Diversifies Plant-Based Offerings With Launch Of New Oatmilk Line

The plant-based beverage company deepens its commitment to craft and plant-based nutrition.
View Press Release

Dewey's Bakery Expands Product Portfolio

The company introduces its new Tiki Bar collection, which brings the excitement of the seasons to the cookie aisle.
View Press Release

Brand Spankin’ New: Cypress Grove Launches Fresh Goat Cheese Cups and “Cheeseboards for Dinner” Campaign

The Humboldt County-based cheese producer making award-winning and world-renowned cheeses since 1983, will be showcasing a new addition to its fresh goat cheese line at this year’s Winter Fancy Food Show.
View Press Release