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"American retail giant Walmart - or Wal-Mart Stores (the legal name of the corporation) - this morning revealed that its board of directors has nominated Marissa Mayer, VP of Location and Local Services at Google and one of the most notable women in tech, for election as a new member of the company\u2019s board.\r\n\r\nThe election is set to happen at Walmart\u2019s Annual Shareholders\u2019 Meeting on June 1, 2012. If she gets elected, Mayer would become the sixteenth member of the board.\r\n\r\nMayer is 36 years old and currently Google's vice president of Local and Maps, a position she has held since 2010 (she was previously the company's VP of Search Products and User Experience). She's an occasional angel investor, too.\r\n\r\nHaving joined the company in 1999 when it was still tiny, Mayer has become a powerful senior executive and one of the public faces of Google over the years, frequently speaking on behalf of the company to press and at events worldwide. \r\n\r\nIronically, Mayer does not have a seat on Google's board of directors.\r\n\r\nShe does, however, serve on the boards of institutions like the San Francisco Museum of Modern Art, the San Francisco Ballet, the New York City Ballet and the Smithsonian Cooper-Hewitt National Design Museum.\r\n\r\nSays Mayer on her Walmart board seat election, in a canned statement:\r\n\r\n\u201CI have long been a customer and admirer of the company. Walmart is an amazing story of entrepreneurship and, as one of the world's most powerful brands, touches millions of lives every day. \r\n\r\nI look forward to contributing to Walmart's continued growth, success, and innovation in the years to come.\u201D\r\n\r\nFounded nearly 50 years ago, Walmart today operates more than 10,100 retail units under 69 different banners in 27 countries. \r\n\r\nLast year, Walmart reported net sales of $444 billion.\r\n\r\nAnother familiar name that sits on the retail juggernaut's board of directors is Jim Breyer, a managing partner of Accel Partners who also holds seats on the boards of companies like Facebook, Dell, News Corp, Brightcove and Etsy.\r\n\r\nWalmart keeps a close eye on Internet businesses, and has also acquired a few startups in the past, including OneRiot, Grabble, Small Society and Social Calendar. "^^<http://www.w3.org/2001/XMLSchema#string>
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