Walmart Inc. on Tuesday said it poached PayPal Holdings Inc.’s John Rainey to become its next chief financial officer.
The Bentonville, Ark.-based retail giant on Tuesday said it named Mr. Rainey chief financial officer, effective June 6. Mr. Rainey has served as CFO of PayPal for nearly seven years. Walmart previously announced that its current CFO Brett Biggs would leave by early next year, overseeing the transition.
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