American multinational retailer Walmart Inc. (WMT) announced that its current Executive Vice President and Chief Financial Officer Brett Biggs will step down from his position effective next year. Following the news, shares fell 1.6% to close at $142.63 on November 29. Longstanding Journey Brett Biggs joined Walmart in 2000 and since has held many different positions within the company, including CFO for Walmart International, Walmart U.S., and Sam’s Club. Moreover, he has also served as Senior VP of international strategy, mergers and acquisitions, as well as of corporate finance, and Sam’s Club. Biggs was helmed to the Executive VP and CFO position on December 31, 2015.
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