Walmart Loses Another Senior Female Executive as Katie Finnegan Leaves

Walmart Inc. lost another senior female executive as Katie Finnegan, who co-led the retailer’s technology incubation arm, announced her departure.

Finnegan also served on the board of Jetblack, the text-based concierge shopping service for wealthy New Yorkers that Walmart debuted last year.

Key Insights

  • Finnegan, who joined Walmart when it acquired in 2016, is leaving June 7 to “begin a new adventure outside the company,” according to a blog post from Walmart Senior Vice President Lori Flees. During her tenure, Finnegan helped launch Store No. 8, which sought to identify and capitalize on changes in the way people shop by using new technologies. She later ran Spatial&, previously called Spatialand, a virtual-reality startup that Walmart acquired last year.

To read the rest of the story, please go to: Bloomberg