Gregory B. Penner Biography: Wife, Age, Net Worth, Siblings, Parents, Height, Children
Gregory Boyd Penner is an American businessman currently serving as the chairman of Walmart and the co-owner and CEO of the Denver Broncos, a National Football League (NFL) team.
He became a member of Walmart’s board in 2008 and has held various positions, including Chief Financial Officer of Walmart Japan.
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Penner is also a founding partner of Madrone Capital Partners and has served on the boards of multiple organizations, including Baidu and Hyatt Hotels.
Profile
- Full Name: Gregory Boyd Penner
- Stage Name: Gregory B. Penner
- Born: December 18, 1969
- Age: 55 years old
- Birthplace: United States
- Nationality: American
- Occupation: American businessman currently serving as the chairman of Walmart
- Height: Unknown
- Parent: Clifford Penner and Joyce Penner
- Siblings: Unknown
- Spouse: Carrie Walton Penner
- Children: 4
- Relationship: Married
- Net Worth: $588 million
Early Life And Education
Gregory Boyd Penner was born on December 18, 1969, in the United States to Clifford and Joyce Penner, sex therapists based in Pasadena, California. While it is possible he grew up with siblings, their names have not been publicly disclosed.
Penner completed a Bachelor of Science in International Economics from Georgetown University in 1992. He furthered his education by earning a Master of Business Administration (MBA) from the Stanford Graduate School of Business 1997. Penner is of Caucasian descent and practices Christianity.
Career
Gregory B. Penner began his professional career as a financial analyst at Goldman Sachs, where he gained crucial experience in finance and investment. In 2006, he transitioned to Walmart as a management trainee and rapidly advanced within the company.
His roles included Senior Vice President of Finance and Strategy for Walmart.com and Chief Financial Officer for Walmart Japan, demonstrating his expertise in e-commerce and international operations. Penner’s ability to navigate complex business environments quickly propelled him to senior leadership positions.
In 2008, Penner was elected to the Walmart Board of Directors, where he contributed to the company’s strategic direction through various committees, including Strategic Planning and Finance. His leadership abilities were further recognized in 2014 when he became Vice Chairman, allowing him to influence Walmart’s future trajectory.
Penner’s vision for the company was solidified when he was appointed Chairman of the Board in June 2015, succeeding Rob Walton. As only the third person to hold this position in Walmart’s history, Penner focused on integrating technology and e-commerce into Walmart’s core operations, positioning the company for long-term growth in the digital age.
Outside of Walmart, Penner founded Madrone Capital Partners, a private investment firm based in Menlo Park, California. He has also served on the boards of various prestigious organizations, including Baidu, eHarmony, Hyatt Hotels, and Teach for America.
Additionally, Penner co-chairs the Charter School Growth Fund, reflecting his commitment to philanthropy and education. His extensive experience in corporate leadership, investment, and philanthropy has established him as a prominent figure in the business and social sectors.
Social Media
Gregory B. Penner does not have any active social media accounts.
Personal Life
Gregory B. Penner is married to Carrie Walton Penner, the daughter of Rob Walton, the former chairman of Walmart. The couple met while studying at Georgetown University. They have four children and reside in Atherton, California.
Net Worth
Gregory B. Penner, Chairman of Walmart, has an estimated net worth of $588 million as of January 2025. His wealth is derived mainly from his substantial ownership in Hyatt Hotels Corp, where he holds approximately 3.8 million shares valued at over $587 million. He also has a stake in Walmart, which contributes to his financial portfolio.
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