Marc Lore is President and Chief Executive Officer of Walmart eCommerce U.S. He was appointed in September 2016 to lead U.S. e-commerce when his company Jet.com was acquired by Wal-Mart Stores, Inc. In his role, he accelerates Walmart’s U.S. e-commerce growth and customer reach, leading Walmart.com and Jet.com. Walmart.com offers customers everyday low prices and a seamless shopping experience across Walmart.com and Walmart’s stores and apps, while Jet.com delivers premium brands and a premium experience with emphasis on millennial and urban shoppers. He also oversees @WalmartLabs, Walmart’s technology arm for e-commerce.
Prior to Walmart, Marc founded and served as CEO of Jet.com which introduced radical price innovation in e-commerce by optimizing the underlying economics of online shopping and unbundling the embedded retail costs that drive up price. Marc’s been named one of the “smartest people in technology” by Fortune and won E&Y’s Entrepreneur of the Year award.