Prior to his work with Hamstreet & Associates Mark Schmidt served for 17 years as part of Wal-Mart’s corporate leadership, where he acquired expertise in operations, information systems and technology, strategic and financial planning, organizational development, mergers and acquisitions, and integration of newly-acquired companies. Throughout his career, he has tackled complex business projects and delivered outstanding solutions to difficult problems. As a highly-experienced senior executive of a multi-billion dollar corporation, Mr. Schmidt brings invaluable skills to his consulting work with Hamstreet & Associates.
From late 2008 through the summer of 2010, Mr. Schmidt served as operational advisor with oversight over the Chief Operations Officer of Sunwest Management, a nationwide assisted living provider where Clyde Hamstreet served as Chief Restructuring Officer. Upon arrival at the company, Mr. Schmidt implemented training and management programs that quickly improved employee morale and operational performance. In addition to his regular duties Mr. Schmidt also supervised preparations for the company’s sale to an affiliate of the Blackstone Group in a $1.5 billion transaction.
During his tenure at Wal-Mart Mr. Schmidt held several high-level positions, including Wal-Mart International’s Vice President of Integration, where he designed a new protocol for assimilating existing companies and led the smooth integration of Puerto Rico’s Supermercados Amigo and the UK’s ASDA Supermarkets into the parent corporation. He also served as Wal-Mart’s Vice President of Development, Special Projects, and Technology, as well as its Senior Director of Information Systems and Director of Technology Development.
Throughout his career Mr. Schmidt has frequently overseen complex projects. In the late 1980s he led the design, development and rollout of Wal-Mart’s new merchandising and operations system, which created an in-store system so effective that it was used to manage more than 5,000 Wal-Mart stores worldwide until 2007. Mr. Schmidt assisted in designing the groundbreaking partnership between Wal-Mart and Proctor & Gamble, through which both companies established a new model for the retailer-supplier relationship. Subsequently he was seconded to Wal-Mart’s Mexican joint venture partner, CIFRA, where he led efforts to consolidate CIFRA’s five data centers and select a new CIO. Upon returning to Wal-Mart US, Mr. Schmidt joined the emerging International Division as head of Business Development, where he played central roles in the acquisition of several international retailers, assuming chief responsibility for acquisition integrations from 1999 to 2004.
Mr. Schmidt received a B.S. magna cum laude from the University of Arkansas, Little Rock.