In a statement released on their website this morning, Marissa Mayer has been nominated to fill the sixteenth seat on Walmart's Board of Directors. At 36 this would make Marissa, the fourth woman, and youngest board member by six years. Current board members include Jim Breyer (Accel Partners), as well as several Walton family members.
Perhaps the best part of the release is that we learn Marissa is herself a Walmart customer. I would have taken her more as a Whole Foods kind of person but I've been wrong before. Read her statement below:
"I am very excited to be nominated for the Walmart board, I have long been a customer and admirer of the company. Walmart is an amazing story of entrepreneurship and, as one of the world's most powerful brands, touches millions of lives every day. I look forward to contributing to Walmart's continued growth, success, and innovation in the years to come."
The statement also points out that Walmart has "customers and members more than 200 million times per week at 10,130 retail units under 69 different banners in 27 countries. With fiscal year 2012 sales of $444 billion, Walmart employs about 2.2 million associates worldwide." Walmart also has a solid technology footprint with
Walmart Labs which is based here in the Bay Area.
About the Author
For the past 15 years Derek has been building communities. He is the co-founder/CEO of Bevy, a SaaS product that helps companies like Salesforce, Atlassian, Google, Snowflake, and Adobe build virtual and in-person communities. Bevy has raised $60M from Accel, Upfront Ventures, and others. He co-founded Startup Grind, a community of 600 Chapters in 125 countries educating, inspiring, and connecting startup people. Since 2012 Startup Grind has hosted 20,000 events. In 2010 he co-founded Commonred which was acquired by Income.com. Derek also previously worked as a product manager at Electronic Arts. He currently lives in Palo Alto CA with his wife and four children.
In a statement released on their website this morning, Marissa Mayer has been nominated to fill the sixteenth seat on Walmart's Board of Directors. At 36 this would make Marissa, the fourth woman, and youngest board member by six years. Current board members include Jim Breyer (Accel Partners), as well as several Walton family members.