WASHINGTON - Walmart Inc. Chief Technology Officer Jeremy King is leaving the company, according to an internal company memo, even as the retailer races to transform its e-commerce business and close the gap with rival Amazon.com Inc.
Under King, Walmart integrated its massive stores and online systems and began offering shoppers services such as in-store pickup of online orders, easy returns and online grocery pickup, among other benefits. The retailer’s ecommerce success has been erratic over the years but sales growth in the past few quarters has shown signs of consistency.
He knows earnings will be impacted by Wal-Mart ending it’s popular Savings Catcher program.
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