Walmart appoints a new CFO and other finance moves

Walmart CFO Charles Holley is leaving the company and will be replaced by Brett Biggs.

The change will be effective December 31, and Holley will stay on through January of next year to help with the transition.

Holley, 59, has served as Walmart’s executive vice president and chief financial officer since December 2010.

Biggs has served as executive vice president and chief financial officer of Walmart International since 2014.

In his previous role Biggs was responsible for international strategy and finance activities, including business planning and analysis, financial services, and support for real estate and mergers and acquisitions.

Other CFO moves and assignments

Xerox finance chief Kathryn Mikells has resigned from her role effective October 31. Mikells has accepted a new position with spirits company Diageo. Vice President of Investor Relations Leslie Varon will become interim CFO.

Wendy’s CEO Emil Brolick will retire in May, and Chief Financial Officer Todd Penegor will take over the role at that time. Penegor joined Wendy’s in June 2013 and has been instrumental in leading the company’s growth initiatives.

Allscripts has promoted CFO Rick Poulton to president. The company is already engaged in a search to fill his previous position. Poulton will maintain the finance chief position until his successor is found.

TheStreet CFO John Ferrara has resigned from his position. Richard Broitman is taking over as the interim CFO. He has served as chief accounting officer since 2009.

Scott Stevens has been named as the CFO of The J.G. Wentworth Company. He is moving over from Western Union, where he served as treasurer and chief risk officer.

TripAdvisor Inc. announced that Ernst Teunissen will join the company as chief financial officer, effective November 9. He succeeds Julie Bradley, who announced her resignation in April.

TerraForm Global Inc., a renewable energy company focused on emerging markets, has named Alejandro Hernandez as the CFO. He succeeds Jeremy Avenier, who will return to SunEdison Inc.

If your publicly traded company is making big CFO moves, send an email to [email protected]

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