Greg Penner | |
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| Born | Gregory Boyd Penner (1969-12-18)December 18, 1969 (age 56) |
| Education | Georgetown University (BA) Stanford University (MBA) |
| Occupation | Businessman |
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| Spouse | Carrie Walton Penner |
| Children | 4 |
Gregory Boyd Penner (born December 18, 1969) is an American businessman who is the chairman ofWalmart and co-owner and CEO of theDenver Broncos of theNational Football League (NFL). He is the son-in-law ofS. Robson Walton and the grandson-in-law ofSam Walton, the founder of Walmart.[1][2][3]
Penner is the son of Clifford and Joyce Penner, sex therapists based inPasadena, California.[4][5] They have published sex-advice books from a Christian perspective.[5]
He majored in international economics atGeorgetown University before earning anMBA from theStanford Graduate School of Business in 1997.[6]
He worked as a financial analyst atGoldman Sachs.[1][2][7]
Prior to succeeding father-in-lawRob Walton as Walmart chairman, Penner held a variety of roles at Walmart. He started as a store employee and eventually became the CFO of Walmart Japan. He was appointed to the Walmart board of directors in 2008 and was named vice-chairman in 2014.[1]
Penner is the founder of Madrone Capital Partners, an investment firm located inMenlo Park, California.[8][9] He is on the board of directors ofBaidu,eHarmony,Hyatt Hotels,Teach for America,[10][11] and co-chair ofCharter School Growth Fund.[12][13]
On August 9, 2022, the NFL owners approved the purchase of theDenver Broncos by a syndicate consisting of Penner, his wifeCarrie, father-in-law Rob Walton,Condoleezza Rice,Mellody Hobson, andSir Lewis Hamilton.[14] The next day, the Broncos announced that Penner would also be taking over as the team's new CEO afterJoe Ellis stepped down from the position.[15] In his role, Penner is the operating head of the franchise and the public face of the Walton-Penner Family Ownership Group. He has primary responsibility for the Broncos' day-to-day operations in collaboration with his partners.[15] He is recognized as the team's controlling owner by the NFL, and represents the Broncos at league meetings.[16]
Penner is married toCarrie Walton Penner, the daughter of Rob Walton. Penner met his wife while they were undergraduates at Georgetown University. They have four children and live inAtherton, California.[7]
He is an active triathlon athlete and mountaineer, having summitedMount Kilimanjaro,Ama Dablam,Vinson Massif,Denali, andMount Everest.[17]
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