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Lawrence V. Jackson

Created by BlackEntrepreneurProfile.com

Born: July 28, 1953;

Occupation: Businessperson;

Position: Senior Advisor;

Company: New Mountain Capital, LLC.;

Industry: Private Equity, Hedge Fund;

Residence: United States;

Nationality: American;

Lawrence V. Jackson is a Senior Advisor at New Mountain Capital, LLC. He is the Founder and Managing Director of Alamo Group. He also serves as chair of the board of directors for SourceMark, LLC.

He was president and chief executive officer of global procurement for Wal-Mart Stores, Inc. The global procurement division has purchasing offices in 28 countries around the world and an ethical standards team responsible for ensuring that factories producing goods for Wal-Mart operate according to local labor laws or Wal-Mart standards, whichever are more stringent. He was promoted to president of global procurement in 2006.

Mr. Lawrence's previous position was the chief human resource officer of the world's largest private workforce with more than 1.7 million "associates" globally. Wal-Mart was named "America's #1 Most Admired Company" by Fortune magazine in 2003 and 2004.

As executive vice president of Wal-Mart's People Division, Mr. Lawrence was responsible for planning, training, executive development, recruiting, succession planning, human resource technology, the Office of Diversity, culture change and regulatory issues.

Before joining Wal-Mart, Mr. Lawrence had previously served as president and chief operating officer at Dollar General Corp. since September 2003. Prior to Dollar General Corp., he was senior vice president of supply operations for Safeway Inc. Mr. Lawrence spent 17 years with PepsiCo, Inc., where he held various positions such as plant manager, director of planning, vice president of operations, vice president of on-premises sales, and vice president/general manager. Later, he was chief operating officer and senior vice president of worldwide operations for PepsiCo Food Systems.

Mr. Lawrence began his career at Bank of Boston in 1975 as a corporate banker and then joined McKinsey & Company as a consultant in 1979.

In 2002, Mr. Lawrence was named one of Fortune Magazine's 50 Most Powerful Black Executives.

Mr. Lawrence holds a bachelor's degree in economics and master of business administration from Harvard University. 

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