Walmart Inc. on Monday (Nov. 29) announced that Executive Vice President and Chief Financial Officer Brett Biggs will leave the company in January 2023 after 22 years, staying on to help the transition to his successor before moving on to “opportunities in both the for-profit and non-profit sectors.”
Biggs will also remain a board member on Walmart’s FinTech startup joint venture with Ribbit Capital. He has been Walmart’s executive vice president and chief financial officer since 2015.
“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 Walmart President and Chief Executive Officer Doug McMillon in the company announcement.
“His contributions have been a key to the important steps we’ve taken to transform the company on our omni journey,” he added. “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 joined Walmart in 2000 and previously served as chief financial officer for Walmart International, Walmart U.S. and Sam’s Club prior to taking his current position.
He was also senior vice president of international strategy, mergers and acquisitions and senior vice president of corporate finance. Biggs also served a stint as senior vice president of operations for Sam’s Club.
“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,” Biggs said. “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.”
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