Cathy Smith, Wal-Mart Stores Inc’s finance chief for the international division, will leave the company to take a “leadership position” at an unidentified company, Wal-Mart said on Saturday.
A memo provided to Reuters by Wal-Mart spokesman Kevin Gardner, from the division’s president and chief executive David Cheesewright, said Walmart US chief financial officer Brett Biggs was slated to replace Smith at Walmart International.
The move was first reported by the Wall Street Journal on Friday, citing internal company memos sent on Thursday that Smith would depart at the end of the month.
