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Wal-Mart's international finance chief to depart: WSJ

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[January 10, 2014]  (Reuters)  Cathy Smith, Wal-Mart Stores Inc's <WMT.N> finance chief for the international division, will leave at the end of the month to take a "leadership position" at an unidentified company, The Wall Street Journal reported on Friday, citing internal company memos.

Smith also leads the international division's strategy. The division generated $135 billion in sales in 2013.

Before joining Wal-Mart in 2010, Smith had been executive vice president and chief financial officer at GameStop Corp <GME.N>.

Brett Biggs, who is executive vice president and chief financial officer for Walmart U.S, is slated to replace Smith at Walmart International, the WSJ said. The Journal said the Wal-Mart memos were sent on Thursday.

Biggs was senior vice president of operations for the company's retail warehouse chain, Sam's Club, before he became CFO of Walmart U.S.

Wal-Mart spokesman Kevin Gardner could not be reached immediately for comment.

(Reporting by Zeba Siddiqui in Bangalore; editing by Leslie Adler)

[ 2014 Thomson Reuters. All rights reserved.]

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