Walmart adds Cesar Conde to Board of Directors
On Feb. 11, 2019 Walmart announced its board of directors had 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 is the 12th member of the board and will become a member of the company’s Audit Committee and Technology and eCommerce 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. We look forward to his strategic insights as we continue to drive the transformation of Walmart to better serve customers and win in an omni-channel world,” Chairman of the Board Greg Penner said.
“Today’s consumer landscape is changing, and I believe Walmart’s unique assets position the company to meet the changing demographics around the world,” Conde said. “I look forward to working with the board and management team to help drive the company’s strategic plans and continued growth,” he said.
Conde 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.
Conde served as White House Fellow for Secretary of State Colin L. Powell from 2002–2003. He has also worked at StarMedia Network, the first internet company focused on Spanish- and Portuguese-speaking audiences, and in the Mergers & Acquisitions Group at Salomon Smith Barney. He currently serves on the board of directors of PepsiCo, is a Trustee of the Aspen Institute and the Paley Center for Media, and Full Member at the Council on Foreign Relations and a Young Global Leader for the World Economic Forum. Conde holds a B.A. with honors from Harvard University and an M.B.A. from the Wharton School at the University of Pennsylvania.