Instagram CEO Joins Walmarts Board of Directors

Wal-Mart Stores Inc. on Monday announced Kevin Systrom, CEO and co-founder of Instagram, has been appointed as the 15^th member of the retailer’s Board of Directors and will serve as a member of its Technology and E-commerce Committee and its Compensation Nominating and Governance Committee.

“Walmart has had a profound impact as a global leader in retail,” Systrom said in a press release from the company. “It’s an honor to join the Walmart board and have an opportunity to help provide more convenient and flexible ways for people to shop.”

Systrom holds a bachelor’s in management science and engineering from Stanford University. He has been ranked on Fortune magazine’s 40 Under 40 list and Time magazine’s 100 most influential people.

At Instagram, a photo- and video-sharing social networking site, he has overseen its growth to more than 200 million active monthly accounts, according to the press release.  

“Kevin’s entrepreneurial background and his technical and digital expertise will be invaluable as we further connect with customers and deploy new capabilities through e-commerce and mobile channels,” Walmart chairman Rob Walton said in the press release.