Walmart has named John Rainey executive vp and CFO, noting that he will assume his new responsibilities on June 6.
Rainey was executive vp, global customer operations, and CFO at PayPal where he currently serves as the company’s CFO and executive vp, global customer operations. Prior to PayPal, he was executive vp and CFO at United Airlines. Rainey also is on Nasdaq’s board of directors, where he is a member of the audit committee and chair of the finance committee.
“John has a proven track record of leading change at scale in customer service organizations innovating in their fields,” said Walmart president and CEO Doug McMillon in announcing the appointment. “I’m confident that John’s mix of financial and digital acumen, coupled with his experience leading finance is complex, highly competitive industries, will help us deliver for our customers and shareholders as we continue to transform our company.”