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Paypal CFO leaving to become new Walmart CFO

Walmart Inc. said late Tuesday it has named John Rainey as its chief financial officer, effective June 6. Rainey joins Walmart from PayPal Holdings Inc. , which announced his departure as CFO also on Tuesday. Before PayPal, Rainey was the CFO of United Airlines. "I'm excited and humbled to join such an iconic company at a time when the retail industry continues its transformation," Rainey said in a statement. Walmart previously had announced that CFO Brett Biggs would be leaving "to begin a new Read More...

Walmart Inc. said late Tuesday it has named John Rainey as its chief financial officer, effective June 6. Rainey joins Walmart from PayPal Holdings Inc. , which announced his departure as CFO also on Tuesday. Before PayPal, Rainey was the CFO of United Airlines. “I’m excited and humbled to join such an iconic company at a time when the retail industry continues its transformation,” Rainey said in a statement. Walmart previously had announced that CFO Brett Biggs would be leaving “to begin a new

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