David is the new CFO of Dunder Mifflin and as a result, all of the regional managers were to meet with him in the episode Valentine's Day. Although Michael appeared to embarrass himself in front of David, Jan, and the other regional managers with his "Faces of Scranton" video presentation, he was still able to produce the financial projections requested. Craig (the regional manager of the Albany branch) forgot to bring his branch's financial information altogether and therefore, looked like more incompetent than Michael. In his defense, Craig mentioned Michael's "relationship" with Jan to get himself out of hot water with David. In the end, Michael explained to David that his relationship with Jan was completely professional, and convinced David that Craig's story was based on a joke. Since Craig had already made a fool of himself, David took Michael and Jan at their word, and considered the matter resolved.
An interesting note: in great continuity it was mentioned in a previous episode, Sexual Harassment, that the former CFO, Randall, resigned due to sexual harassment charges, which explains why David came on as the new CFO.
When it is announced in Branch Closing that the Scranton Branch would be closing, Michael and Dwight go to his house to get Wallace to change his mind. However, he is not home and the Scranton branch is later saved by reasons unrelated to their presence. In Cocktails, Michael, Jan, Jim, Karen, and Dwight attend a cocktail party at David's house. However, he admits to hating cocktail parties, and sneaks out to play basketball with Jim, whom he asks about what's going on between Michael and Jan.
In Beach Games, Wallace invites Michael to interview for a job at corporate, which Jim and Karen apply for as well. During the interview in The Job, he reveals that the corporate position is actually Jan's job, whom the company will fire once they hire her replacement. Michael reveals this to Jan, who in turn angrily barges into Wallace's office, making a spectacle of herself. Wallace reveals the firing was due to Jan's lack of interest in her work, constant smoking in her office, numerous personal days she had been taking, and her poor work ethic.
In The Job, during the interview with Jim, he reveals that there is an HR rep in his building that he dislikes, even mentioning him in the same manner as Michael does to Toby
In Local Ad, David calls Michael to find out why he sent away the ad people. Michael explains that he would like to use the creativity contained within the office and David decides to give Michael a chance on creating the commercial himself. Ultimately, the ad people's commercial is televised, however.
In The Deposition, his testimony reveals that while he thinks Michael is a nice guy, he never considered Michael a serious contender for Jan's old Corporate job (which ended up going to Ryan Howard); Michael seems hurt by the truth but mollified by David's sincere-seeming "nice guy" comments, which lead to him siding with the company over Jan and dooming her lawsuit.
In a deleted scene in "Weight Loss,"Wallace tells off Ryan after he is re-hired by Michael. David Wallace then questions Michael after he re-hired the disgraced temp, but finally lets up and tells Michael that Ryan cannot talk to any customers.
In the episode "Crime Aid," David Wallace comes to Michael's fundraiser for the office and bids off his place in Martha's Vineyard.
In the episode, "Business Trip," David Wallace sends Michael to Winnipeg on a business trip to get a customer from Canada. He says he did so because he had to transfer Holly and also because "It's hard to find anyone that wants to go to Winnipeg in November.
In the episode, "Frame Toby," David Wallace tells Michael that he has to get along with Toby. He also questions Michael because he didn't realize that Toby had been back for a week before he found out.
In the episode, "The Duel," David Wallace invites Michael to Dunder- Mifflin corporate to talk to him about his strategies in being a branch manager, because he wants to find out, "What he's doing right." Since Michael's branch is doing well and making a profit, David listens with confused patience to Michael's philosophy on management.
In the episode, "Prince Family Paper," David asks Michael to go to the company Prince Family Paper to get their clients and to run them out of business. However, Michael is conflicted whether to do what David says or to do what is right.
In the episode, "Golden Ticket," David Wallace is first angry at Dwight's (really Michael's) idea to put golden tickets in random boxes. However, he apologizes to Dwight and says that the customer loved the idea so much that Dunder-Mifflin will become the company's sole provider of paper. Then, Michael tells David that it was his own idea, and not Dwight's and David leaves seemingly surprised and angry.
In the episode, "New Boss," Michael continues to call David because of the new boss, Charles Miner, but after he doesn't answer, Michael goes to corporate and tells David that he is going to quit his job as manager .
In the episode, "Broke," David Wallace comes to Scranton to talk to Dwight, Charles, and Jim about the Michael Scott Paper Company's dent in Dunder-Mifflin business. After, two offers, he agrees to Michael's ambitious requests for himself, Pam, and Ryan and they are seen cheering after.
In the episode, "Company Picnic," David Wallace plays on the Corporate team in the Dunder Mifflin Volleyball game. When Pam got injured, he agreed with Charles Miner to get the injury looked at just so that the Scranton team would lose their best player. He also appears in this episode when Michael and Holly tell everyone that the Buffalo branch was closing, however, no one knew this and Wallace had to lecture Michael and Holly for bringing up the topic.
David Wallace talks to Jim about job changes and his future at Dunder Mifflin. After Michael becomes suspicious, David talks to him about Jim and tells Michael that Jim said that he and Michael could be promoted, making Michael director of regional sales. While David and Jim are talking, Michael, with the help of Andy enters the room via under a cheese cart to listen at what they are saying. ("The Meeting")
The following week, David Wallace tells Michael and Jim that there is not as much money for bonuses and that both of them will have to figure out who or how to give raises. ("The Promotion")
In the episode, Murder, Michael continues to try to call David Wallace on information about the company's future. Finally, David calls Jim and tells him that there is no definite news about the company, but tells him candidly, that there is not good news.
In the episode, Secret Santa, Michael finds out that everyone is going to lose their job from David. He tells everyone when he's not supposed to. Then, they all get angry and call him to see what really happened. In the end, they find out it was all a mis-understanding and it was David and a few other people who lost their jobs. It is mentioned that David Wallace has more than one child. Michael says he was told by David Wallace where his "kids" go to school. He calls the school with a ruse and ends up using his "little girl voice" to get David on the phone. David then answers the phone "Hey sweetie" This is the only time a daughter was ever mentioned.
In the episode, Sabre, Michael is upset with the policies that the new corporate company Sabre is forcing on the Scranton branch. Resistant to the changes, Michael seeks David Wallace's advice by going to his house. David is discovered to still be unemployed. Michael leaves after David suggests he join in on investing in a new children's toy invention(Suck-It!), deciding that it is not the same David he knew before. While leaving his house, he refers to David as "some sort of weird creature that lives in David Wallace's house".
After a leak to the media exposes Sabre's printers as dangerous, the documentary crew ask David Wallace (wearing a "Suck It" sweatshirt) for his thoughts, but he merely takes the opportunity to promote his invention.
In the episode, Fundraiser, Wallace makes his second (first public) appearance since being fired from Dunder Mifflin. He runs into Andy during the fundraiser and tells him to forget about Dunder Mifflin, and that he made $20 million by selling his Suck-It! patent to the US Military. In the following episode, Turf War, Andy approaches Wallace with a proposition for him to purchase Dunder Mifflin. David Wallace then buys the company and becomes CEO and pays Robert California (real name Bob Kazamakis) off. David then places Andy in charge of the Scranton Branch again.
David Wallace continues to do his duties as CEO of Dunder Mifflin and puts Dwight in the position of Regional Manger of the Scranton Branch after Andy quits to pursue fame via his acting/singing/dancing career. In the episode Finale he appears alongside with many of the other Scranton employees for a last round of interviews where he expresses his dislike of the documentary in general.
David Wallace lives in a 5000-square-foot house in Greenwich, Connecticut with his wife Rachel and son Teddy("Cocktails") It is known he has a daughter which was referenced in Secret Santa who is in elementary school, Michael reveals he will pretend to be her to reach David in an emergency. David Wallace enjoys playing basketball and soaking in his hot tub.
- Valentine's Day
- Beach Games (voice)
- The Job
- Local Ad (voice)
- The Deposition
- Crime Aid
- Business Trip
- Frame Toby (voice)
- The Duel
- Prince Family Paper (voice)
- Stress Relief
- Golden Ticket
- New Boss
- Company Picnic
- The Meeting
- The Promotion (voice)
- Murder (voice)
- Shareholder Meeting
- Scott's Tots (voice)
- Secret Santa (voice)
- Threat Level Midnight (deleted scene)
- Goodbye, Michael (deleted scene)
- Turf War
- Free Family Portrait Studio
- New Guys(Voice)
- The Boat (voice)
- The Whale (voice)
- The Target (voice)
- Junior Salesman (voice)
- Couples Discount
- Moving On
- Livin' the Dream