The Walton family—one of the richest clans in America—is passing some of its control in Walmart to the next generation, ...

He is 80 years old. He served as chairman of Walmart from 1992 until 2015 and remained on the board until this year. Rob made a splash in 2022 by leading an ownership group to buy the Denver Broncos.

The executive committee of Walmart’s board, for instance, had been split 50/50 between family and nonfamily members. Until ...

Walmart announced on Thursday that Walton, the eldest son of founder Sam Walton, will retire after more than 40 years on the board as its longest-serving member. He joined Walmart in 1969 and will ...

who had been on the board for four years, did not stand for re-election. Shareholders also approved "on an advisory basis" compensation for McMillon and four other Walmart executives, including M.

or LGBTQ member on their board. Conservative activist Robby Starbuck, whose mission is to "eliminate wokeness from the corporate world and country," told Yahoo Finance that Walmart's move was his ...

He still owns 106.3 million shares worth more than $8.4 billion. Walton is also still a member of the Walmart board. Since he sold less than 1% of the Walmart stock he owns, it's difficult to ...