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Greg Penner

James Corden hosted the 2022 Walmart Associates Celebration last week at Bud Walton Arena in Fayetteville.
Investments / Public Companies / Retail

Party Down (Lance Turner Editor’s Note)

Walmart's annual meeting brings thousands to northwest Arkansas ready celebrate. But this year's gathering finds the retailer once again grappling with big issues. read more >
Randall Stephenson
Public Companies / Retail

Walmart Appoints Former AT&T CEO to Board of Directors

Walmart Inc. of Bentonville has appointed Randall Stephenson to its board of directors, effective March 3. read more >
Doug McMillon, Walmart president and CEO, received $23.6 million in total compensation last year.
Investments / Public Companies

Doug McMillon at Annual Meeting: George Floyd Killing ‘Unacceptable’

Speaking during a virtual shareholders' meeting Wednesday, Doug McMillon, CEO of Walmart Inc. of Bentonville, said the retailer's omnichannel strategy is working, and he commented on the George Floyd case. read more >
Rob Walton, Jim Walton, Alice Walton and Greg Penner presenting the Entrepreneur of the Year award at the 2019 Walmart shareholders meeting June 7 at Bud Walton Arena.
Agriculture & Poultry / Banking & Finance / Business Services

Top Stockholders in Arkansas Buoyed by Runup in Markets

It’s been almost two years since Arkansas Business listed the state’s top stockholders based on the value of publicly disclosed stock. Since then, the Walton family’s fortune — the part disclosed publicly — has increased by more than $20 billion. read more >
Doug McMillon, president and CEO of  Wal-Mart Stores Inc., has aggressively pushed the discount retailer into a new era emphasizing online shopping. Many of Wal-Mart’s moves in 2017 took direct aim at its chief competitor, Amazon.
Investments / Public Companies / Retail

Ahead of Bud Walton Party, Walmart Shareholders Reject 3 Proposals

Shareholders of Walmart Inc. of Bentonville rejected three proposals at the decidedly low-key company business meeting Wednesday at the Hammons Convention Center in Rogers. read more >
Wal-Mart CEO Doug McMillon speaks with Asda employees during the retailer's shareholders' meeting in Fayetteville.
Investments / Public Companies / Retail

Doug McMillon at Annual Meeting: ‘We’re Building A New Wal-Mart’

Wal-Mart Stores Inc. of Bentonville is recreating itself to better serve customers in today's changing world of retail. "We will compete with technology, but we will win with people," CEO Doug McMillon said. read more >
James Corden took some good-natured jabs at Wal-Mart executives during Friday's shareholders meeting.
Public Companies / Retail

With James Corden on Stage, Wal-Mart Event Part Business, Part Roast

Friday's Wal-Mart shareholders meeting at times felt more like a roast thanks to "The Late Late Show" host James Corden. read more >
Wal-Mart Chairman Greg Penner: "We're moving away from a model of serving customers where we are to a model of serving customers where they are."
Investments / Public Companies / Retail

Wal-Mart Embraces Change at Meeting, Hitching Up With Uber

During the retailer's annual meeting, Wal-Mart Chairman Greg Penner cast the company as changing with the economic and shopping landscape, just as it has done throughout its long history. read more >
Investments / Public Companies / Retail

Greg Penner Named Wal-Mart’s 3rd Chairman at Annual Shareholders’ Meeting

A new chairman, a mobile consumer, a Hollywood hostess from the South and Rod Stewart. Inside Wal-Mart's 2015 shareholders' meeting at Bud Walton Arena in Fayetteville. read more >
Wal-Mart Stores Inc. Chairman Rob Walton speaking during the 2015 shareholders' meeting at Bud Walton Arena in Fayetteville.
Public Companies / Retail

Update: Rob Walton To Step Down as Chairman of Wal-Mart

Wal-Mart says board Chairman Rob Walton will step down and be succeeded by Vice Chairman Greg Penner, who is Walton's son-in-law. Walton, son of Wal-Mart founder Sam Walton, has been chairman since 1992. The company says the 70-year-old will continue to serve as a director. Jim Walton, another son of the late founder, also remains on the board. read more >
Musician and actor Harry Connick Jr. hosted Friday's annual meeting.
Investments / Public Companies / Real Estate

Wal-Mart’s Doug McMillon: Online Sales, Stores Make Customer Experience Better

Wal-Mart's newly anointed CEO Doug McMillon said the world's largest retailer's task is to bring the changing world of e-commerce together with physical stores to help make customers' shopping experience better as technology evolves. read more >
Greg Penner
Investments / Public Companies / Retail

Greg Penner Named Wal-Mart Board Vice Chairman

Wal-Mart Stores Inc.'s board of directors announces the appointment of Greg Penner to the new position of vice chairman of the board. read more >