Walmart announced this week that CFO Brett Biggs will leave the company in 2023.
In post since 2015, Biggs presided over a major expansion of the company’s online and international businesses. He was seen by some analysts as a contender to eventually succeed Doug McMillon as CEO. Biggs will remain in his current position until a successor is named next year. He will continue to sit on the board of Walmart’s financial tech startup, a joint venture with Ribbit Capital, until January 2023.
