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Walmart CFO Biggs Plans to Step Down in Early 2023

  • Company says it expects to name successor as CFO next year
  • Departure will end stint of more than two decades at retailer
Brett Biggs
Brett BiggsPhotographer: Tomohiro Ohsumi/Bloomberg
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Walmart Inc. said Chief Financial Officer Brett Biggs plans to step down by early 2023, ending a run of more than two decades with the retail giant.

Biggs, 53, will remain in the CFO role until a successor is named next year and then serve as an associate until Jan. 31, 2023, Walmart said Monday in a statement. He will stay on the board of the company’s fintech startup during the transition.