Richard Mayfield

Richard Mayfield
EVP, Global Sourcing & Regional CEO – Walmex & Canada

Headquarters: Bentonville, Arkansas
Industry: Retail
CEO: Doug McMillon

His Credentials: BA & MA, economics, Cambridge University; ACA

His Philosophy: Valuing people for who they are and for the unique perspectives and capabilities they bring matters deeply to me. I am passionate about creating fair and equal access to opportunity and I know that our business is more innovative, agile and successful when our diverse associates feel a sense of belonging and can reach their full potential.

In 2020, our team established the following Vision, Objective, and Priorities for the President’s Inclusion Council:

  • Vision: At Walmart, we value our differences and believe in including everyone.
  • Purpose: Lead inclusion globally, creating a culture where diversity is essential and everyone is encouraged to be themselves.
  • 3 Priorities: Build an Inclusive Walmart; Build Inclusive and Equitable People Processes across the Associate Life Cycle; Drive a Culture of Ownership, Accountability, and Engagement.

We committed $100 million (over the next five years) to create a center on racial justice, established 4 Shared Value Networks to identify issues Walmart can help address, built a comprehensive program to drive learning and awareness around inclusive leadership, took action to improve diversity in recruitment and hiring, increased transparency of diversity data and measurement, increased accessibility for disabled customers and associates, developed SMART action plans to advance diversity, equity, and inclusion, and mandated that corporate officers attend a two-day Racial Equity training session.

In 2021, we expect to see meaningful progress toward our goal of achieving a diverse and inclusive workforce that reflects our communities. We will be working to achieve continuous improvement in inclusion and equity as measured by our Associate Engagement Survey. We also expect to make significant progress in our drive for awareness and learning, as measured by completion of mandatory training and usage levels of training on Inclusive Leadership.