by Lee Hogan
Posted 2/26/2014 10:59 am
Updated 8 months ago
John Brown University students, faculty, staff and guests gathered Wednesday for the dedication of the Donald G. Soderquist College of Business.
Soderquist, a former Wal-Mart Stores Inc. CEO, and his family were also present at the dedication and unveiling of a plaque that will hang in the college entrance.
The Soderquist College of Business houses three business programs for undergraduate, graduate and degree completion.
Soderquist spent more than 20 years at Wal-Mart, and was referred to as "the keeper of the culture" after the death of company founder Sam Walton. He served as chief operating officer and senior vice chairman during a period in which Wal-Mart enjoyed sales of more than $200 billion.
Soderquist was a JBU Board of Trustees member from 1982 to 2009, and also served as the board's chairman from 1991 to 2002. He was inducted into the Arkansas Business Hall of Fame in 2010, and is the founding executive of the Soderquist Center for Leadership and Ethics at John Brown University.