US: Wal-Mart international CFO Smith to step down
Cathy Smith joined Wal-Mart in 2010
US retail giant Wal-Mart has confirmed its international chief financial officer Cathy Smith is to step down from her role.
Smith, who joined Wal-Mart in 2010, will leave at the end of the month to take a "leadership position" at an unidentified company, a spokesperson told just-style today (13 January).
On Cathy's departure, Brett Biggs, currently EVP and chief financial officer for Wal-Mart US, will join the international division to lead the finance team.
"I would like to personally thank Cathy for the integral role she's played in helping to build a strong international finance team and for her hard work during a time of significant transformation in our division," said Wal-Mart international CEO David Cheesewright in an internal memo.
Prior to joining Wal-Mart, Smith had been executive vice president and CFO at GameStop Corp.
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