Walmart Plans Search for New Finance Chief as Biggs Readies to Leave
November 29 2021 - 9:15AM
Dow Jones News
By Colin Kellaher
Walmart Inc. on Monday said Brett Biggs, executive vice
president and chief financial officer, plans to leave the retail
giant after more than two decades to pursue new opportunities in
the for-profit and non-profit sectors.
The Bentonville, Ark., company said it will consider internal
and external candidates as it searches for a successor to Mr.
Biggs, who has held his current post since Dec. 31, 2015.
Walmart said Mr. Biggs will begin transitioning from Walmart
during the upcoming year, staying in the finance chief post until
his successor is named and then assisting with the transition until
he leaves the company at the end of January 2023.
Walmart said Mr. Biggs, who joined the company in 2000, also
will remain a board member on its fintech startup joint venture
with Ribbit Capital.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 29, 2021 09:00 ET (14:00 GMT)
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