Tag Archives: Rob Walton

Penner Named Walmart Board Vice Chairman

Greg Penner

BENTONVILLE, Ark.-Walmart’s board of directors has appointed Greg Penner vice chairman of the board, a newly created, non-executive position. Penner, general partner of investment management firm Madrone Capital Partners, has served on Walmart’s board since 2008. Prior to joining Madrone, he served as Walmart’s senior vice president and chief financial officer for Japan, and seniorMore »

McMillon to Succeed Duke as Walmart CEO

Doug McMillon

BENTONVILLE, Ark.–Doug McMillon has been named the new president and CEO of Walmart Stores. He will succeed Mike Duke on Feb. 1, 2014. McMillon, currently president and CEO of Walmart International, was also elected to the company’s board of directors, effective immediately. “This leadership change comes at a time of strength and growth at Walmart,”More »