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Walmart Digital Takes a Big Hit
After almost eight years, Walmart is saying farewell to the man responsible for leading key digital acquisitions and building out the department store’s technological capabilities and open-source community.
Walmart has reportedly announced the resignation of its CTO, Jeremy King in an internal memo from the President and CEO of Walmart’s US operations, Marc Lore. According to the memo, Friday, March 29 will be King’s last day with the business.
A replacement for King is yet to be appointed, but in the interim, Fiona Tan, the senior vice president of consumer technology for Walmart Labs will take on a more senior role, acting as the “liaison” for technology between Walmart US and its US e-commerce leadership team, the memo said.
During his eight-year tenure with the cross-channel department store, King reportedly facilitated partnerships with Microsoft and Google and was responsible for expanding the company’s technology centre, which is located in Austin and Texas.
Thanks to this internal expansion and external partnerships, King has been a key part of Walmart’s praised digital transformation, tasked with the pivotal job of providing in-store associates with mobile application technology. This tech has helped to close the gap between Walmart’s bricks-and-mortar and e-commerce channels.
While Tan will be taking over the bulk of King’s responsibilities, staff will reportedly continue reporting to their direct team leaders.