Summary by Moomoo AI
On August 15, 2024, Walmart Inc. announced the appointment of Robert E. Moritz, Jr., the retired Chairperson of PricewaterhouseCoopers (PwC), to its Board of Directors. Moritz, who brings a wealth of global business experience and financial expertise, will also serve on the Audit Committee and the Technology and eCommerce Committee. His appointment is effective immediately, and he will receive a prorated portion of the non-management directors' compensation, including an annual stock award and retainer. Walmart highlighted Moritz's strategic and governance experience as valuable for the company's future in retail. The announcement was made through a press release attached to Walmart's current report on Form 8-K filed with the SEC.