Microsoft Shops Wal-Mart for New COO

Microsoft has appointed former Wal-Mart executive Kevin Turner to the positon of Chief Operating Officer, filling a position that had remained vacant since 2002. Turner was the president and CEO of Sam's Club, a chain of warehouse stores owned by Wal-Mart, as well as an executive vice president of the company.

Microsoft said in a statement that Turner would be tasked with leading the company's sales, marketing and service operations. "Kevin’s leadership...will help ensure we harness this potential and fully realize the growth opportunities before us," Microsoft CEO Steve Ballmer said in a statement. Turner's first day at Microsoft will be September 8.