Walmart Energy Group Suffers Huge Setback Bentonville AR
Upon retiring from Walmart in a few months I will be able to share all the inside scoop regarding the inner workings of the 40 plus member energy team at Walmart with you. There are some very interesting things going on there, especially regarding their renewable energy program. Just a couple of years ago Walmart was completing in excess of 100 onsite renewable energy generation projects (solar, fuel cells, wind, storage batteries), however with the arrival of a new VP of Energy (Mark Vander Helm) the number of projects completed annually has dropped by 90%. There are major problems in that group, with several of their most productive employees voluntarily leaving the company the past 12 months. What I can share is limited at this time because I'm still on their insurance plan until the end of July, however at that time I will be able to begin sharing all the intricate details about the mess that energy shop has become. About the only part of the group that has maintained its productivity is the deregulated energy purchasing conducted under the impressive leadership of Bryan Lacina. Before the Executive VP of Realty (Pam Kohns) was fired, she hired Vander Helm who had been out of work for over a year when one of his personal friends put in a good word for him at Walmart that lead to his being hired as the new Energy VP. The reason the predecessor VP left Walmart is another very interesting story that I may chose to discuss on here in the future. The drama and missteps that have taken place within the group would definitely fill at least one lengthy novel. I am certain that investors will be amazed at how they make investment decisions in that group, and how they treat vendors attempting to do business with them. I personally have a few very good stories I believe you will find fascinating; I know that I have found some of the inner workings to be very unusual during my 11 year tenure with the group. Its not all bad, but it is all very unusual in my honest opinion. I have seen very small business employ superior economic and financial evaluation methods for making investment and business decisions. That's all for today. Those who would like to learn more about the Walmart Energy Group, please let me know. There is a bunch of stuff to share, such as Global Ethics Violation investigations at the highest levels, layoffs that appear to violate discrimination laws, squeezing business partners until they bleed, Senior Directors afraid to stand up to leadership doing ridiculous things and allowing a hostile work environment to persist until employees leave the company. There is an endless supply of topics for discussion going forward!
