Instagram Co-founder Leaving to Join Wal-Mart’s Board of Directors

Via [Forbes]

The retail behemoth announced on Monday that Kevin Systrom, CEO and co-founder of Instagram, will join its board effective immediately. 30-year-old Systrom, who sold his popular photo-sharing app to Facebook for $1 billion in August 2012, becomes the youngest member of Wal-Mart’s board.

It’s interesting to watch companies engage outside help to reinvent themselves.  This is a smart move by Wal-Mart.  They are a huge company with a dominant brick-and-mortar presence that can only be enhanced by improving their digital storefronts.

Side note: I had no idea Marissa Mayer was on Wal-Mart’s board.

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