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Bob Moritz, Former PricewaterhouseCoopers Chairperson, Named to Walmart Board of Directors

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Walmart Inc. (NYSE: WMT) has appointed Bob Moritz, former Chairperson of PricewaterhouseCoopers (PwC), to its Board of Directors. Moritz becomes the 12th member of the Board and will serve on the Audit Committee and the Technology and eCommerce Committee. With 39 years of experience at PwC, including roles as U.S. Chairman and Senior Partner, and most recently as Global Chair, Moritz brings extensive global business expertise and financial acumen to Walmart's leadership team.

Walmart's Board Chairman, Greg Penner, emphasized the importance of strategic leaders like Moritz in shaping the future of retail. Moritz's appointment is expected to contribute to Walmart's mission of helping people save money and live better as a people-led, tech-powered, omnichannel retailer.

Walmart Inc. (NYSE: WMT) ha nominato Bob Moritz, ex presidente di PricewaterhouseCoopers (PwC), nel suo Consiglio di Amministrazione. Moritz diventa il dodicesimo membro del Consiglio e farà parte del Comitato di Audit e del Comitato per la Tecnologia e l'eCommerce. Con 39 anni di esperienza in PwC, inclusi ruoli come presidente degli Stati Uniti e partner senior, e più recentemente come presidente globale, Moritz porta una vasta esperienza nel business globale e una competenza finanziaria al team dirigente di Walmart.

Il presidente del Consiglio di Walmart, Greg Penner, ha sottolineato l'importanza di leader strategici come Moritz nella definizione del futuro del retail. Si prevede che la nomina di Moritz contribuisca alla missione di Walmart di aiutare le persone a risparmiare denaro e vivere meglio come rivenditore omnicanale guidato dalle persone e potenziato dalla tecnologia.

Walmart Inc. (NYSE: WMT) ha nombrado a Bob Moritz, ex presidente de PricewaterhouseCoopers (PwC), en su Junta Directiva. Moritz se convierte en el duodécimo miembro de la Junta y formará parte del Comité de Auditoría y del Comité de Tecnología y Comercio Electrónico. Con 39 años de experiencia en PwC, incluidos roles como presidente de EE. UU. y socio principal, y más recientemente como presidente global, Moritz aporta una amplia experiencia en negocios globales y conocimientos financieros al equipo directivo de Walmart.

El presidente de la Junta de Walmart, Greg Penner, enfatizó la importancia de líderes estratégicos como Moritz para dar forma al futuro del comercio. Se espera que el nombramiento de Moritz contribuya a la misión de Walmart de ayudar a las personas a ahorrar dinero y vivir mejor como un minorista omnicanal impulsado por la tecnología y centrado en las personas.

월마트 주식회사 (NYSE: WMT)는 밥 모리츠를 이사회의 새로운 임원으로 임명했습니다. 모리츠는 전 프라이스워터하우스쿠퍼스(PwC) 회장으로서 이사회에서 12번째 회원이 되며, 감사위원회기술 및 전자상거래 위원회에서 활동할 것입니다. PwC에서 39년의 경력을 쌓고 미국 회장 및 수석 파트너, 최근에는 글로벌 회장으로 활동해 온 모리츠는 월마트의 리더십 팀에 광범위한 글로벌 비즈니스 전문성재정적 안목을 제공합니다.

월마트 이사회 의장인 그렉 페너는 모리츠와 같은 전략적 리더가 소매업의 미래를 형성하는 데 얼마나 중요한지를 강조했습니다. 모리츠의 임명이 사람들이 돈을 절약하고 더 나은 삶을 살도록 도와주는 월마트의 사명에 기여할 것으로 기대됩니다, 사람 중심의 기술 기반 옴니채널 소매업체로서.

Walmart Inc. (NYSE: WMT) a nommé Bob Moritz, ancien président de PricewaterhouseCoopers (PwC), à son conseil d'administration. Moritz devient le douzième membre du conseil et siègera au comité d'audit ainsi qu'au comité de technologie et de e-commerce. Avec 39 ans d'expérience chez PwC, notamment en tant que président des États-Unis et associé senior, et plus récemment comme président mondial, Moritz apporte une vaste expertise commerciale mondiale et une perspicacité financière à l'équipe de direction de Walmart.

Le président du conseil de Walmart, Greg Penner, a souligné l'importance de leaders stratégiques comme Moritz dans le façonnement de l'avenir du retail. La nomination de Moritz est censée contribuer à la mission de Walmart d'aider les gens à économiser de l'argent et à mieux vivre en tant que détaillant omnicanal axé sur les personnes et alimenté par la technologie.

Walmart Inc. (NYSE: WMT) hat Bob Moritz, ehemaligen Vorsitzenden von PricewaterhouseCoopers (PwC), in seinen Vorstand berufen. Moritz wird das zwölfte Mitglied des Vorstands und wird im Prüfungsausschuss sowie im Technologie- und eCommerce-Ausschuss tätig sein. Mit 39 Jahren Erfahrung bei PwC, einschließlich Positionen als US-Vorsitzender und Managing Partner, und zuletzt als globaler Vorsitzender, bringt Moritz umfangreiche globale Geschäftskompetenz und finanzielle Schlagkraft ins Führungsteam von Walmart.

Walmarts Vorstandsvorsitzender Greg Penner betonte die Bedeutung von strategischen Führungspersönlichkeiten wie Moritz für die Gestaltung der Zukunft des Einzelhandels. Es wird erwartet, dass Moritz' Ernennung zu Walmarts Mission beiträgt, Menschen zu helfen, Geld zu sparen und besser zu leben, als an Menschen orientierter, technologiegestützter Omnichannel-Händler.

Positive
  • Addition of a highly experienced global business leader to the Board of Directors
  • Strengthening of the Audit and Technology & eCommerce Committees with relevant expertise
  • Potential for improved strategic direction and governance with Moritz's international leadership experience
Negative
  • None.

BENTONVILLE, Ark.--(BUSINESS WIRE)-- Walmart Inc. (NYSE: WMT) announced that its Board of Directors has appointed Bob Moritz, retired Chairperson of PricewaterhouseCoopers (PwC), as a new member of the company’s Board, effective today. Moritz becomes the 12th member of the Board. He will become a member of the Audit Committee and the Technology and eCommerce Committee.

“We are a people-led, tech-powered, omnichannel retailer dedicated to helping people save money and live better. As we continue to build on this foundation while defining the future of retail, it’s important to have strategic leaders like Bob on our Board. With his history at the helm of PwC, his strategic, global perspective and highly relevant governance experience make him the ideal candidate to help us on our continued journey to be the best we can be.”

Greg Penner, Chairman, Walmart Board of Directors

“Bob brings a wealth of global business experience to our Board. From his long career at PwC he brings international leadership experience and deep financial expertise across industries and regions of the world. We’re very excited to have him join us and put his expertise to work for Walmart associates, customers and shareholders.”

Tom Horton, Lead Independent Director, Walmart Board of Directors

“I’m honored to be joining the Walmart Board of Directors. The company has an impressive track record of serving customers, members and communities for more than 60 years, and it has never been more relevant than it is today. I’m looking forward to joining my colleagues on the Board as we continue to lead Walmart on its mission of helping people save money and live better.”

Bob Moritz, Walmart Board of Directors

In June 2024, Bob retired from PwC after working for 39 years in various roles, including U.S. Chairman and Senior Partner, with his most recent role as the Global Chair of the firm. Bob joined PwC in 1985 and became a partner in 1995. He has an audit and assurance background, primarily dealing with financial services, banking, and capital markets clients. During the course of his career, Bob spent three years with PwC Japan, working with European and U.S.-based financial services companies operating in Asia. Prior to taking on the global role, Bob led the U.S. firm of PwC as its Chairman and Senior Partner for seven years.

In addition to leadership at PwC, he has served and led in various philanthropic capacities including serving on the board of Generation Unlimited and as a Member of the World Economic Forum International Business Council. He is also a current board member of the State University of New York at Oswego Foundation.

About Walmart

Walmart Inc. (NYSE: WMT) is a people-led, tech-powered omnichannel retailer helping people save money and live better - anytime and anywhere - in stores, online, and through their mobile devices. Each week, approximately 255 million customers and members visit more than 10,500 stores and numerous eCommerce websites in 19 countries. With fiscal year 2024 revenue of $648 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart, on X (formerly known as Twitter) at twitter.com/walmart, and on LinkedIn at linkedin.com/company/walmart.

Investor Relations Contacts

Steph Wissink

Senior Vice President, Investor Relations

ir@walmart.com



Kary Brunner

Sr. Director, Investor Relations



Media Relations Contact

Molly Blakeman

Group Director, Global Communications

800-331-0085

Source: Walmart Inc.

FAQ

Who is the new member appointed to Walmart's (WMT) Board of Directors?

Bob Moritz, former Chairperson of PricewaterhouseCoopers (PwC), has been appointed as the new member of Walmart's (WMT) Board of Directors.

What committees will Bob Moritz serve on in Walmart's (WMT) Board?

Bob Moritz will serve on the Audit Committee and the Technology and eCommerce Committee of Walmart's (WMT) Board of Directors.

How many years of experience does Bob Moritz have from his time at PwC?

Bob Moritz has 39 years of experience from his time at PricewaterhouseCoopers (PwC).

What was Bob Moritz's most recent role before joining Walmart's (WMT) Board?

Bob Moritz's most recent role before joining Walmart's (WMT) Board was as the Global Chair of PricewaterhouseCoopers (PwC).

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