Walmart Inc. 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 becomes the 12th member of the board and he will become a member of the company’s audit committee and technology and ecommerce committee.
“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.”
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.
Conde joined NBCUniversal in October 2013 as executive vice president of NBCUniversal to oversee NBCU International and NBCU Digital Enterprises and assumed his current role in 2015. Prior to NBCUniversal, he was the president of Univision Networks and for 10 years served in a variety of senior executive capacities.
Prior to Univision, Conde served as the White House Fellow for Secretary of State Colin L. Powell from 2002 to 2003. He has also worked at StarMedia Network, the first internet company focused on Spanish- and Portuguese-speaking audiences globally, and in the Mergers & Acquisitions Group at Salomon Smith Barney.
Conde serves on the board of directors of PepsiCo. He 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 bachelor's degree with honors from Harvard University and an MBA from the Wharton School at the University of Pennsylvania.
