This meant he had the responsibility of overseeing NBCU International and NBCU Digital Enterprises. Son of Walmart founder Sam Walton, Rob Walton served as Walmart’s chairman of the board of directors from 1992 to 2015. He has held these positions since 2015, and he had worked in various senior positions for the company prior to this appointment. In the past, she has been on the Board of Directors of New Relic, Inc. Friar has a Meng from the University of Oxford and an MBA from Stanford University Graduate School of Business. Before he joined NBCUniversal, he served Univision Networks for 10 years in a variety of senior executive position, including President of the company. Harris worked in many positions during her time with this company, including equity capital markets, investment banking, initial public offerings, and equity private placements. Executive Vice President, Chief People Officer, Walmart Inc. Executive Vice President, Apparel, Walmart U.S. Executive Vice President, Neighborhood Markets, Walmart U.S. Executive Vice President and Chief Product Officer, Walmart, Executive Vice President and Chief Merchant, Sam’s Club. Retired Chairman of the Board of Directors of Walmart Inc. Directors for Walmart Inc. are required to take their annual retainer fees of $100,000 in stock for the first five years of service or until the stock holdings equal five times that of the annual retainer. He then led Walmart International between 2009 and 2013. Co-founder of Lumi Labs, Inc., and Former President and CEO of Yahoo!, Inc. He has been retired since 2011, and prior to this, he was the chairman of KPMG International for four years. The company’s segments include Walmart U.S., Walmart International, and Sam’s Club. Liz loves the process of researching information, learning new things, and putting into words what others who share her interests might like to read. In 2018, she co-founded Lumi Labs. What Differentiates BMW’s Brakes from Other Cars? Prior to joining Walmart, Rob Walton was a partner in Oklahoma-based law firm Conner & Winters. The Executive Committee is appointed by the Board of Directors (the “Board”) of Walmart Inc. (the “Company”) to exercise the powers and duties of the Board between Board meetings and while the Board is not in session, and implement the policy decisions of the Board. It also offers digital He was named the president of the company in 2010 and then served as the chairman, president, and chief executive officer for both American Airlines and AMR Corporation between 2011 and 2013. In the past, he has also served as a director for Chick-fil-A, Inc., Johnson & Johnson, and American Express. Easterbrook joined Walmart's board of directors in 2018. He is also on the board of directors for JP Morgan Chase & Co. and UnitedHealth Group. The 20 Best BMW Convertible Models of All-Time. However, he has remained on the Board of Directors. Marissa A. Mayer is the co-founder of Lumi Labs, Inc., a technology incubator focused on consumer internet technologies. Between 2012 and 2017, she was the Chief Executive Officer and President of Yahoo, Inc. Penner is married to Carrie Walton Penner, the daughter of Rob Walton, and the couple has four children together. Walmart CEO makes 1188 times more money than the company’s median worker. How Much Does a Patek Philippe Watchmaker Earn? Walmart was founded by Sam Walton in 1969. The history of Walmart, an American discount department store chain, began in 1950 when businessman Sam Walton purchased a store from Luther E. Harrison in Bentonville, Arkansas, and opened Walton's 5 & 10. Managing Partner - Highline Group and Retired Dean of Business at Wake Forest University and Retired Chairman and CEO of PepsiCo, Inc. How Much Does It Cost To Service A Patek Philippe Watch? McMillon has served on the board of directors since 2013, and he is the chairman of both the executive committee and the global compensation committee. He is married to Shelley McMillion, and the couple has two children together. In 2014, he became the fifth chief executive officer of Walmart. Our values of honesty, fairness and objectivity guide our business and ensure we maintain the trust of our shareholders. Since 2007, he has served as a director for Marriott International, Inc. and for Exxon Mobil Corporation. What Is the BMW Active Driving Assistant? Doug McMillon. Furthermore, she is also on the foundation board for the Forum of Young Global Leaders at the World Economic Forum. 1992 67 Walmart has an experienced board of directors in place who play an important role in ensuring that the company is run with integrity and accountability. In late 2013, the company's board of directors appointed McMillon to the board and announced that he would take over from Duke in February 2014. Hillary Clinton was a corporate lawyer who had been first lady of the state of Arkansas, where Wal-Mart is headquartered. These Guidelines should be interpreted in the context of all applicable laws and the Company’s Restated Certificate of This estimate is based upon 84 Walmart Director salary report(s) provided by employees or estimated based upon statistical methods. At the beginning of his career, Steuart Walton worked for Peter Fitzgerald, a Republican Senator. He has worked with Walmart in a variety of capacities for two decades. Director salaries at Walmart can range from $103,687 - $217,090. This global operation is headquartered in Bentonville, Arkansas, and it had annual revenue of $514.4 billion between 2018 and 2019. The others were Penner’s father-in-law Rob Walton and Walmart’s founder Sam Walton. Within Walmart, he serves on the Walmart Foundation Board as well as being an executive sponsor for the Hispanic/Latino Resource Group. He is also now the president of the company. Outside of Walmart, he is the president, chief executive officer, and on the board of directors for McDonald’s Corporation. Between 2001 and 2006, Reinemund was the CEO and chairman of PepsiCo, a company for which he worked for 23 years. Martinez is Director of Labor Relations for Walmart’s South East Area. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. This is a growth investing private equity firm. In her past professional history, she has been the Chief Financial Officer of Square, the Senior Vice President of Finance and Strategy at Salesforce, the Managing Director at Goldman Sachs, and a business analyst for McKinsey & Company. He has a bachelor’s degree in international economics and an MBA. This might be the reason she refuses to release her tax records even though Barack Obama has done so. He serves on the executive committee and on the committee for strategic planning and finance. She is also on the Board of Directors of Slack. His parents are Lynne McNab and Jim Walton, who was a former director for Walmart. Flynn has also previously been a member of the World Economic Forum International Business Council. The general purpose of the Nominating and Governance Committee (the “Committee”) is to assist the Board of Directors (the “Board”) of Walmart Inc. (the “Company”) in carrying out its responsibilities relating to (1) identifying individuals qualified to serve as Board members, and (2) implementing sound corporate governance principles and practices, including: From the beginning, Sam Walton surrounded himself with the kind of people who had big ideas and weren't afraid to take risk and bring those ideas to life. Mark Lennihan / AP Images He joined the company in 1969, and worked in a variety of positions, including corporate secretary, general counsel, vice president, and vice chairman. Walmart’s Board of Directors will consist of 12 members if all nominees are elected at Walmart’s Annual Shareholders’ Meeting on June 3. She currently works for Morgan Stanley, a company that she joined in 1987 when she worked in the mergers and acquisitions team. Prior to this, he worked for American Airlines. The Five Best Coolants to Use on Your BMW. Earlier in his career, Reinemund was the chairman and CEO of Frito-Lay’s worldwide operations. To run such a large company successfully, it is vital that there is strong leadership in place. The family lives in Bentonville, Arkansas. 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Walmartorganizational structure is highly hierarchical due to the massive size of the company. Senior Vice President and General Counsel – Walmart U.S. Executive Vice President, Hardlines, Walmart U.S. Executive Vice President and Regional CEO for Walmart Mexico and Central America, Canada and the U.K. Executive Vice President and Chief Merchandising Officer, Walmart U.S. Executive Vice President and Chief Sustainability Officer, Walmart Inc.; President, Walmart Foundation. He took some time out to complete his degree and MBA before returning. Tim has served as a member of the board of directors of JPMorgan Chase & Co. since 2012, Alcoa Corporation since September 2016 and UnitedHealth Group, Inc., since January 2017. Learn how your comment data is processed. Elected as chairman of the Walmart Board of Directors in 2015, Greg is only the third person to serve in the position, following his father-in-law, Rob Walton, and company founder Sam Walton. He is currently on the board of trustees for the University St. Thomas in St. Paul, Minnesota. Name Total COMPENSATION; Carla A. Harris: Total Cash $275,977: Cesar Conde: Total Cash $317,948: Gregory B. Penner: Steuart Walton also serves on the board of directors for Rapha Racing Limited, Crystal Bridges Museum of American Art, Leadership for Education Equity, and the Smithsonian National Air and Space Museum. The family lives in Denver, Colorado. Steven S. Reinemund joined Walmart’s board of directors in 2010, and he serves on the committees for compensation and management development, technology and eCommerce, and nominating and governance. Learn more about our corporate governance policies and read our Statement of Ethics . Tom Horton has a bachelor’s degree in accounting and an MBA. Walmart has elevated and been guided by leaders like these, who constantly inspire us to achieve the next level of success. Giving by Walmart is overseen by a committee of Walmart executives, consisting of president and CEO Doug McMillon and his direct reports, in consultation with a committee of the Walmart board of directors. Walmart has an experienced board of directors in place who play an important role in ensuring that the company is run with integrity and accountability. Here is your chance to meet the Walmart board of directors and to learn more about these 12 professionals. He then became chairman in 2015. He became Chairman in 2015, and he is now responsible for the operations and international expansions of the company outside North America. of Directors (the “Board”) of Wal-Mart Stores, Inc. (the “Company”) to assist the Board in the exercise of its responsibilities to the Company and its shareholders. The 10 Best Antique Patek Philippe Models Money Can Buy. Did you know? He joined the board of directors of Walmart in 2014. By the late 1990s, after Mrs. Clinton had left the board, Wal-Mart had added a second female director, but the number of women in senior management remained … Executive Vice President, People – Walmart U.S. Executive Vice President and Chief Financial Officer – Walmart International, Senior Vice President and Chief Counsel, Digital Citizenship, Executive Vice President of Health & Wellness. He is currently the chairman of the technology and eCommerce committee. On the board of directors since 2012, Timothy P. Flynn serves on the technology and eCommerce committee and is the chairman of the audit committee. He was then the dean of the Schools of Business at Wake Forest University from 2008 to 2014. Harris is on the board of directors for several non-profit organizations, including the Morgan Stanley Foundation and St. Vincent’s Health Care. Doug McMillon began working for Walmart in 1984 when he was a teenager. Further to his work at Walmart, McMillon is also on the board of directors for the Crystal Bridges Museum of American Art, the U.S.-China Business Council, and the Consumer Goods Forum. Executive Vice President, Consumables, Walmart U.S. Executive Vice President and Chief Customer Officer, Walmart, Strong corporate governance is essential for a successful business, and our board members ensure Walmart operates with integrity and accountability. Mayer has been on the board of directors for Walmart since 2012 and serves on the compensation and management development committee and the technology and eCommerce committee. Furthermore, he is a member of the board of trustees for the United States Naval Academy Foundation and for The Cooper Institute. Rob joined the company in 1969. Walmart's shareholders have a chance to take an important step in the right direction by backing a proposal from Walmart employees to add employee representation to the company's board of directors. Walmart is a multinational retail corporation that operates several chains of discount department and warehouse stores. Contact Investor Relations; Email Alerts; FAQs; Walmart Investor Relations App; Suppliers. Conde has been married to Pamela Silva Conde, a Univision news anchor, since 2009. Sarah Friar joined Walmart’s Board of Directors in early 2018. In the past, he was on the board of directors for Chubb Corporation. Penner is the founder and general partner of the investment management firm Madrone Capital. She finds almost all topics she writes about interesting, but her favorite subjects are entertainment, travel, health, food, celebrities, and pets. A Director who intends to join another for-profit company board of directors, whether public or private, shall pre-clear service on that other company board of directors with the Chair. Cesar Conde is the newest addition to Walmart’s board of directors as he only joined in 2019. These include holding the positions of chairman of the executive committee for Conservation International and Emeritus Life Trustee for the College of Wooster. The partial spin-off would allow PhonePe to constitute a new Board of Directors to create a “tailor-made equity incentive or ESOP program for its … Between 2005 and 2009, he led the Sam’s Club division of the company. Bea Apple, Hillfolk John Cowgur, Sam’s Club Rob Dodd, Nabholz Ben Hasan, Walmart Rahul Jalali, Walmart Steve Keith, XNA, Northwest Arkansas National Airport Meredith Lowry, Wright Lindsey Jennings Mike Malone, Runway Group Martine Pollard, Mercy Bart Smith, Jun Group Cameron Smith, Cameron Smith and Associates Joe Saumweber, RevUnit Rick Webb, Grit Studios Greg Penner is currently the Chairman of Walmart, and he is only the third person to do so. Steuart Walton is the grandson of Walmart founder Sam Walton. Walmart giving includes the company’s donations to the Walmart Foundation, other cash and in-kind donations.The Walmart Foundation is a… Since 2008, he has been the director of Qualcomm Incorporated. Board of Directors Strong corporate governance is essential for a successful business, and our board members ensure Walmart operates with integrity and accountability. This was a position that he held from 1996 to 1999. Easterbrook has also served as the CEO of PizzaExpress and the CEO of Wagamama. WASHINGTON - Walmart associates and shareholder advocates today urged investors to vote for a shareholder proposal calling on the Walmart board of directors to adopt a new policy that would include hourly associates for consideration as nominees for the company’s board of directors. Walmart’s median employee earned US$19,177 in 2018 ended. She is also ranked 35th on their list of the richest self-made women. Walton also worked in the Walmart company office in Carnaby Street, London. = Lead Independent Director = Chairman of the Board = Financial Expert. Executive Vice President, Supercenters, Walmart U.S. Senior Vice President and Chief Culture, Diversity and Inclusion Officer, Executive Vice President, Chief Merchandising and Integration Officer, Walmart.com, Executive Vice President, International Strategy and Development, Walmart International, Senior Vice President and Chief Financial Officer, Sam’s Club. He then for two law firms before joining the family company to work in the mergers and acquisitions division. Here is your chance to meet the Walmart board of directors and to learn more about these 12 professionals. He first joined NBC International Group in 2013 when he held the position of Executive Vice President. Walmart is committed to operating with integrity. However, he did not join the board of directors until 2008. 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