Walmart CFO Brett Biggs To Leave Company
Walmart has revealed that Brett Biggs, who has served as Walmart’s executive vice president and chief financial officer since December 31, 2015, is planning to leave the company.
Until a successor is named next year, Biggs will continue to serve as the CFO. Biggs will support the transition and remain an associate until he leaves the company on January 31, 2023.
“Brett’s high character and strong leadership have played a central role during one of the most significant periods in the company’s history,” said Doug McMillon, Walmart’s president and chief executive officer, in a company statement.
“His contributions have been a key to the important steps we’ve taken to transform the company on our omni journey. Brett has elevated the finance organization and strengthened the team through his commitment to excellence and talent development. We are fortunate to have benefited from his talents, and we appreciate everything he’s done for the company during his career.”
Biggs, who has been with Walmart for more than two decades, plans to explore new opportunities in the for-profit and non-profit sectors.
“My time at Walmart these past 22 years has been incredible,” said Biggs.
“It has been a privilege to work alongside Doug, our leadership team and the many talented individuals throughout the company and finance organization. Our company has never been stronger, and I believe we’re set up for continued success to serve customers and deliver a retail experience, unlike any other company. Given the tremendous positioning and momentum of the company, now felt like the right time to transition to the next chapter in my personal and professional life. I want to thank Doug, the leadership team, the Walton family and the board of directors for their tremendous support during my career.”
Walmart is considering both internal and external candidates for the position.
Originally published at https://retailbum.com on November 30, 2021.