Walmart appoints independent director to board

Bentonville, Ark.-based Walmart announced that its board of directors has appointed Cesar Conde, chairman of NBCUniversal International Group and NBCUniversal Telemundo Enterprises, as a new independent director to the company’s board, effective immediately.

Conde, 45, becomes the 12th member of the board and he will also become a member of the company’s audit committee and technology and e-commerce committee.

“Cesar brings strong skills as a global executive and expertise in brand management, finance, digital and media that will complement our board of directors' experiences,” said Walmart Chairman of the Board Greg Penner. “We look forward to his strategic insights as we continue to drive the transformation of Walmart to better serve customers and win in an omnichannel world.”

Conde also serves on the executive committee of NBCUniversal. As chairman of NBCUniversal International Group, he is responsible for the operations and international expansion of NBCUniversal businesses outside of North America. As chairman of Telemundo Enterprises, he oversees the leading media properties serving Hispanics across broadcast, cable and digital platforms.