Boston University School of Law

Michael Spivey (LL.M. ’97) named PATRIOT ACT Compliance Officer for Wal-Mart Stores, Inc.

Michael Spivey (LL.M. ‘97) has been named the PATRIOT ACT Compliance Officer for Wal-Mart Stores, Inc. In this position, Spivey is responsible for leading the company's compliance effort in preventing money laundering that might be used to facilitate the financing of terrorist activities, narcotics trafficking or other illegal activities. Prior to joining Wal-Mart in 2003, Spivey worked with the Export-Import Bank of the United States.

Spivey said the main difference between his old job and his current role with Wal-Mart was one of sheer scale.  “As a company, we serve 125 million customers every week,” he said.  “You can't be big for long without being really good at what you do. As an associate with Wal-Mart, there is not a day that goes by that your work in the company is not scrutinized in a very public way.” 

However, there are perks that go with working for such a large company.  “Knowing your work makes a difference for people is a great feeling. We save the average working family over $2,500 every year,” said Spivey. “We are beginning to realize that we can use our size to make positive changes beyond our core business of retail. Our commitment to sustainability and healthcare reform are two recent examples of using our size and expertise to lead a thoughtful discussion on these important issues.”

Although he’s made it big, Spivey doesn’t forget his legal roots: “I doubt that I would be where I am today without the benefit of my education at BU…The guidance I received from my professors directed me to the Export-Import Bank, which was a wonderful career opportunity. I still stay in contact with many of my professors at BU and utilize them as my professional mentors.”

Reported by Elizabeth Ress