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Donald G. Soderquist

January 1, 1990

Vice Chairman and Chief Executive Officer Wal-Mart Stores, Inc. (Deceased) – Bentonville, Arkansas

Donald Soderquist joined Wal-Mart in 1980 as Executive Vice President of Administration and Distribution. He served in several other executive positions until his appointment in early 1988 to Vice Chairman and Chief Operating Officer. Wal-Mart operates over 1300 discount department stores and over 100 Sam’s Wholesale Clubs with reported sales of over $20 billion for fiscal year 1989. Prior to joining Wal-Mart he served sixteen years with Ben Franklin in a number of capacities including six years as President and Chief Executive Officer. He received his B.A. degree in Business Administration from Wheaton College, has studied at Stanford Graduate School of Business and has received an honorary degree from Southwest Baptist University. He serves on the Board and Executive Committee of Wal-Mart and on the boards of the International Mass Retail Association of New York and the 1st National Bank of Rogers, Arkansas. He is on the Board of Trustees for John Brown University in Siloam Springs, Arkansas and the Stewards Foundation of Wheaton College in Illinois. He serves on the Board of Governors for Children’s Miracle Network Telethon of Salt Lake City and is on the National Advisory Board of Skaggs Institute of Retail Management, Provo, Utah and the Medical Assistance Program of Brunswick, Georgia. “An individual is really a reflection of the composite of his life experience and the people he has met along the way …”