Mark Zuckerberg of Facebook (NASDAQ: FB) and Walmart (NYSE: WMT) CEO Mike Duke are scheduled to meet for two days along with senior aides. Presumably the gathering aims to increase the use of Facebook by the world’s largest retailer.
Reuters broke the report:
Zuckerberg and his senior management team will spend two days at Wal-Mart Stores Inc’s Bentonville, Arkansas home office this week, meeting with executives of the world’s largest retailer and discussing ways to “deepen” their relationship.
The Facebook team will meet with Wal-Mart CEO Mike Duke and his lieutenants on Friday, in the first such meeting between the two corporations’ senior management teams. Zuckerberg and Facebook Chief Operating Officer Sheryl Sandberg will then speak to hundreds of Wal-Mart employees on Saturday at the retailer’s monthly meeting.
Douglas A. McIntyre