Jane Thompson joined Wal-Mart in 2002 to create and lead the Financial Services Group.  In the last 5 years, the business has grown to become the largest business in America serving customers who are unbanked or underserved.  Wal-Mart helps customers cash their checks, pay bills, and transfer money.   One of the best measures of the growth of this business and the impact on customers is the $330 million they will save on financial services at Wal-Mart this year.  In keeping with Wal-Mart’s mission, financial services helps customers “save money so they can live better.”

In June of this year, Wal-Mart announced the introduction of the Wal-Mart MoneyCard, a prepaid, reloadable VISA card, as well as the rollout of 1000 Wal-Mart MoneyCenters.  These offerings provide added convenience, safety and savings to the current basic money services at Wal-Mart.

Prior to joining Wal-Mart, Jane spent eleven years at Sears, Roebuck and Co.  At Sears, she led numerous business groups, including the credit group, the home services group and the internet/catalog group.  In all these positions she had the opportunity to refocus these businesses on customer’s need, resulting in fast-growing, profitable businesses.  Jane’s career also included 10 years with the top management consulting firm, McKinsey & Co., Inc.  She began her career at Procter & Gamble in brand management/marketing.

Jane has been active in numerous civic and not-for-profit organizations.  She currently focuses on numerous organizations related to higher education, serving as a trustee of Bucknell University as well as a board member on the Corporate Advisory Boards of Darden Business School and the Walton College of Business at the University of Arkansas, and the executive committee of the Parents Committee at the University of Virginia.  

Jane grew up in West Virginia.  She is a graduate of the University of Cincinnati (BBA) and Harvard University (MBA).