Stock Groups

Walmart CFO Biggs to step down next year -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: A Walmart Superstore logo is visible during an outbreak of coronavirus (COVID-19) in Rosemead California, U.S.A. June 11, 2020. Picture taken June 11, 2020. REUTERS/Mario Anzuoni/File Photo

(Reuters) – Walmart Inc (NYSE:) Inc stated Monday that Brett Biggs would step down as chief financial officer for the largest retail company the world next year, and will leave the company by 2023.

Biggs has been the CFO of Walmart since 2015. He will still be in that role up to the time a successor is chosen next year. Walmart also stated that he would continue representing the company on the board for Walmart’s FinTech joint venture with Ribbit capital until January 2023.

Walmart indicated that they are looking into both external and internal candidates for Biggs. Biggs is a veteran 22-year employee of Walmart.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages caused by reliance on this information, including the data, charts, and buy/sell signal, contained in this site. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]