Bob Moritz, Former PricewaterhouseCoopers Chairperson, Named to Walmart Board of Directors
15 August 2024 - 9:03PM
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.
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