Walmart’s longtime Chief Financial Officer Brett Biggs is leaving company

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  • Walmart’s longtime chief financial officer Brett Biggs is leaving the company, the retailer announced Monday.
  • Biggs has worked for the company for 22 years and served as a key leader for Walmart, the nation’s largest private employer.

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Walmart’s longtime chief financial officer Brett Biggs is leaving the company, the retailer announced Monday.

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In a news release, the company said that until a successor is named, Biggs will remain in the role, assisting with the transition, and will leave the company on January 31, 2023. Walmart said it would consider internal and external candidates for the role.

Biggs has worked for the company for 22 years and served as a key leader for Walmart, the nation’s largest private employer. He has been Walmart’s CFO for nearly six years, starting in late 2015.

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Prior to serving as the CFO of Walmart, Biggs climbed the ladder of the big-box retailer. He was the Chief Financial Officer of Walmart International, Walmart US and Sam’s Club. He was also Senior Vice President of International Strategy, Mergers and Acquisitions; Senior Vice President of Corporate Finance; and Senior Vice President of Operations for Sam’s Club.

Walmart CEO Doug McMillan said in a news release that Biggs has helped strengthen the company as it grew its brick-and-mortar and e-commerce business — and weaved the two together.

“Brett’s high character and strong leadership played a central role during one of the most important periods in the company’s history,” he said.

In the release, Biggs said that after more than two decades with the retailer, the time seemed right to step down.

“Given the tremendous position and momentum of the company, now felt like the right time to transition into the next chapter in my personal and professional life,” he said in the release.

This story is developing and will be updated.

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