Scott retired from his role as Wal-Mart’s CEO at the end of January after nine years at the helm, but he continues to serve as chairman of its executive committee of the board.
Solamere was co-founded last year by Tagg Romney, the son of former Republican presidential hopeful and one-time
Mason Fink, one of Solamere’s principals, said Scott will assist the private equity firm in evaluating investment opportunities and helping to manage future portfolio companies.
(Reporting by Nicole Maestri)