Randall Stephenson
Walmart Inc. of Bentonville has appointed Randall Stephenson to its board of directors, effective March 3.
Stephenson is the former CEO and chairman of the board of directors at AT&T Inc. He is the 12th member of the Walmart board.
“Randall’s experience as a global business leader and, in particular, his leadership skills and insights in finance, technology, retail and brand management will be a tremendous benefit as we shape the next generation of retail,” said Greg Penner, Walmart’s chairman of the board. “We look forward to working with him as we drive Walmart’s strategy forward and continue providing effective governance for all our stakeholders.”
Stephenson, 60, spent 38 years at AT&T before retiring in January. He was CEO and chairman from 2007 to July 2020 and oversaw the acquisition of Time Warner in 2019.
“I’m honored to be appointed to the board of Walmart,” Stephenson said. “I’ve admired how the management team and Walmart associates have continued to adapt and change to serve customers in new and exciting ways while also serving communities during an unprecedented health crisis. I look forward to joining my colleagues on the board to further the company’s vision of becoming the best omni-retailer in the world.”
Sign up for Daily E-news
