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Walmart Boosts Board of Directors with Finance Expert Bob Moritz; Greg Penner and Tom Horton Comment

Walmart Boosts Board of Directors with Finance Expert Bob Moritz; Greg Penner and Tom Horton Comment


BENTONVILLE, AR
Thursday, August 22nd, 2024

With a keen eye toward strategic initiatives, Walmart has bolstered its table of leaders with new Board Member Bob Moritz, former Chairperson of PricewaterhouseCoopers (PwC). 

Bob Moritz, Board of Directors, Walmart“I’m honored to be joining the Walmart Board of Directors,” remarked Moritz. “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.”

Moritz has an audit and assurance background, primarily dealing with financial services, banking, and capital markets clients, helping bring the Board a wealth of experience in global business and governance.

Greg Penner, Chairman of Board of Directors, Walmart“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,” Chairman Greg Penner noted. “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.”

Moritz joined PwC in 1985 and became a partner in 1995. In June 2024, Moritz retired from PwC after working for 39 years in various roles, most recently as the Global Chair of the firm, according to a press release. 

In a strategic move to bolster its leadership team, Walmart announced the appointment of a new Board Member: Bob Moritz

This career shift offers an exciting transition for Moritz and the retailer, as Walmart continues to deliver on its mission of providing everyday essentials at a great value.

Tom Horton, Lead Independent Director, Walmart“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,” said Tom Horton, Lead Independent Director.

For more information, click here. With strategic moves being placed across the buy-side of our industry, Deli Market News will continue to report. 

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