MetLife board member Eduardo Castro-Wright has resigned from the company’s board, according to a release.According to Businessweek, he was “the driving force behind years of bribery” at Wal-Mart’s Mexican unit and had become a “distraction.”
Castro-Wright was chief executive of Wal‑Mart de Mexico from 2002 until early 2005. He served as a Vice-President in Bentonville until July of last year.
Earlier today, New York Times’ DealBook editor Andrew Ross Sorkin published a column criticising tainted executives, including Castro-Wright, for remaining on boards in spite of past wrongdoing.
Castro-Wright, 57, was a member of MetLife’s Governance and Corporate Responsibility Committee.
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