Market Overview

Rachel Brand Joins Walmart as Executive Vice President, Global Governance and Corporate Secretary


Walmart (NYSE:WMT) announced Rachel Brand will join the company as
Executive Vice President, Global Governance and Corporate Secretary.
Brand will report to President and CEO Doug McMillon. She will be
responsible for the organization's Legal, Global Ethics and Compliance
and Global Investigation, Security, Aviation and Travel departments,
along with her role as corporate secretary.

"We are fortunate to have a leader of Rachel Brand's stature join the
company," McMillon said. "We have strengthened our governance
capabilities and Rachel will help us continue on that journey. Her
strong character, capabilities and experience will enable her to
contribute broadly as we shape the future of Walmart and strive to serve
our customers even more effectively."

Brand is replacing Jeff Gearhart, who retired at the end of January.
Brand brings deep academic and professional experience to her role,
coming to the company from the U.S. Department of Justice, where she
served as Associate Attorney General, the department's third-ranking
position. Brand, the first woman to serve as Associate Attorney General,
was confirmed by the U.S. Senate and sworn into office May 22, 2017. As
Associate Attorney General, Brand oversaw thousands of attorneys and
professionals across the department's civil law divisions, including
Antitrust, Tax and Environment and Natural Resources.

After graduating from Harvard Law School, where she served as deputy
editor-in-chief of the Harvard Journal of Law and Public Policy, Brand
clerked on the Massachusetts Supreme Court and then the U.S. Supreme
Court, where she clerked for Justice Anthony Kennedy. Brand previously
served as Assistant Attorney General for the Office of Legal Policy in
the George
W. Bush
 administration and was appointed by President Barack
 to serve on the Privacy
and Civil Liberties Oversight Board

Outside of government, she served as an Associate Professor of law at
George Mason University's Antonin Scalia Law School, an adjunct
professor at George Washington University Law School and a
private-practice lawyer in Washington, D.C. Brand earned a B.A. from the
University of Minnesota-Morris. She will be joining Walmart April 2 and
will relocate to Bentonville with her husband and two boys.

About Walmart

Walmart Inc. (NYSE:WMT) helps people around the world save money and
live better - anytime and anywhere - in retail stores, online, and
through their mobile devices. Each week, over 260 million customers and
members visit our more than 11,600 stores under nearly 60 banners in 28
countries and eCommerce websites. With fiscal year 2017 revenue of
$485.9 billion, Walmart employs approximately 2.3 million associates
worldwide. Walmart continues to be a leader in sustainability, corporate
philanthropy and employment opportunity. Additional information about
Walmart can be found by visiting,
on Facebook at
and on Twitter at

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