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Greg Penner

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Greg Penner
Born (1969-12-18) 18 December 1969 (age 54)
CitizenshipUnited States
EducationGeorgetown University
Stanford Business School
OccupationChairman of Walmart (2015 - present)
Known forWalton family fortune
Investments
PredecessorSam Walton
Board member ofWalmart,
Baidu,
eHarmony,
Hyatt Hotels,
Teach for America,
Charter Fund Inc. dba Charter School Growth Fund
SpouseCarrie Walton Penner
Childrenfour
RelativesS. Robson Walton, father-in-law

Gregory B. "Greg" Penner (born 18 December 1969) is an American businessman and venture capitalist. Penner was named the chairman of Walmart on June 5, 2015. He is the son-in-law of S. Robson Walton and the grandson-in-law of Sam Walton, the founder of Walmart.[1][2][3]

Education and career

Penner went to Georgetown University and earned an MBA from Stanford Business School in 1997. He previously worked as a financial analyst at Goldman Sachs.[1][2][4]

Prior to being named Walmart chairman, Penner held a variety of roles at Walmart. He started as a store employee and eventually became the CFO of Walmart Japan. He was appointed to the Walmart Board of Directors in 2008 and was named vice-chairman in 2014.[1]

Penner is the founder of Madrone Capital Partners, an investment firm located in Menlo Park, California. He is on the board of directors of Baidu, eHarmony, Hyatt Hotels, Teach for America,[5][6] and co-chair of Charter School Growth Fund.[7][8]

Personal life

Penner is married to Carrie Walton Penner, the daughter of S. Robson Walton. Penner met his wife while they were undergraduates at Georgetown University. They have four children and live in Atherton, California.[4] Penner is the son of two sex therapists.[9]

References

  1. ^ a b c Nassauer, Sarah (June 5, 2015). "At Wal-Mart, a Son-in-Law for Chairman". Wall Street Journal. {{cite news}}: Unknown parameter |subscription= ignored (|url-access= suggested) (help)
  2. ^ a b Dudley, Renee; Coleman-Lochner, Lauren (June 5, 2015). "Wal-Mart's Greg Penner Will Succeed Rob Walton as Chairman". Bloomberg Business. Retrieved June 5, 2015.
  3. ^ Kroll, Luisa. "Sam Walton's Granddaughter Has Plans To Fix Public Education In America". Forbes.
  4. ^ a b Dudley, Renee (June 6, 2014). "Greg Penner Emerges as Heir to Wal-Mart's Chairmanship". Bloomberg.
  5. ^ "Gregory B. Penner". walmart.com. Retrieved June 5, 2015.
  6. ^ Dudley, Renee (June 6, 2014). "Greg Penner Emerges as Heir to Wal-Mart's Chairmanship". Bloomberg Business. Retrieved June 5, 2015.
  7. ^ http://www.insidephilanthropy.com/home/2014/2/14/this-quiet-walton-heir-is-an-uber-education-policy-wonk.html
  8. ^ "Archived copy". Archived from the original on July 1, 2015. Retrieved June 28, 2015. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)CS1 maint: archived copy as title (link)
  9. ^ https://web.archive.org/web/20150701052154/http://www.chicagotribune.com/news/sns-wp-blm-news-bc-walmart05-20150605-story.html. Archived from the original on July 1, 2015. {{cite news}}: Missing or empty |title= (help); Unknown parameter |deadurl= ignored (|url-status= suggested) (help)