Walmart Appoints Robert Moritz to Board, Enhances Governance

An update from Walmart (WMT) is now available.

Walmart Inc. has announced the appointment of Robert E. Moritz, Jr. to its Board of Directors, effective August 15, 2024. Moritz will also join the Audit Committee and the Technology and eCommerce Committee. His director compensation includes a prorated $200,000 annual stock award and a $100,000 annual retainer, with flexible payment options in cash or stock. This move reinforces Walmart’s commitment to strong corporate governance and technological advancement in the retail space.

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