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John David Rainey

Executive Vice President and Chief Financial Officer, Walmart
Bentonville, Arkansas,United States
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John David Rainey's Overview

Total Experience36 years
CompanyWalmart
CountryUnited States

John David Rainey is a distinguished financial executive with extensive experience across the retail, technology, and transportation sectors. Since June 2022, he has served as the Executive Vice President and Chief Financial Officer of Walmart Inc., where he leads the company's global finance and strategy organization. This includes overseeing corporate finance, treasury, tax, accounting, and investor relations for the world's largest retailer. Prior to Walmart, Rainey was the CFO and Executive Vice President of Global Customer Operations at PayPal, where he was instrumental in driving the company's financial performance and strategic growth from 2015 to 2022. Before his tenure in the tech industry, he spent 18 years at United Airlines, rising to the position of Executive Vice President and CFO, and played a critical role in navigating the airline's merger with Continental Airlines. He began his career at Ernst & Young LLP.

Professional Summary

John David Rainey's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Walmart - Executive Vice President and Chief Financial Officer (2022 to Present)
PhonePe - Board of Directors (2024 to Present)
Nasdaq - Board of Directors (2017 to 2023)
PayPal - Chief Financial Officer and EVP, Global Customer Operations (2015 to 2022)
United Airlines - Executive Vice President and CFO (2012 to 2015)
Continental Airlines - Vice President of Financial Planning and Analysis (1997 to 2010)

Notable Achievements

Steering Walmart's Financial Strategy

Appointed as the EVP and CFO of Walmart, the world's largest company by revenue. This strategic hire leverages his deep experience in both digital payments and complex operational finance to guide Walmart's omnichannel growth and navigate a dynamic global economic landscape.

Driving Growth and Innovation at PayPal

As CFO of PayPal during a period of explosive growth, he was a key architect of the financial strategy that supported the platform's significant expansion, numerous strategic acquisitions, and the launch of new products, solidifying its position as a global leader in digital payments.

Leading United Airlines' Financial Transformation

During his long tenure at United Airlines, he played a pivotal leadership role in the airline's financial management, including its emergence from bankruptcy and the complex, historic merger with Continental Airlines, which created one of the world's largest airlines.

Educational Background

Master of Business Administration - MBA

Baylor University - Hankamer School of Business - Year 1993

Bachelor of Business Administration - BBA

Baylor University - Year 1989

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Walmart
Total employees2100000
HeadquartersBentonville
Founded1962

Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Known for its 'Everyday Low Price' strategy, Walmart offers a vast range of products, including groceries, apparel, electronics, and home goods, serving millions of customers daily through its extensive network of physical stores and rapidly growing e-commerce platforms.

Walmart Stock Information
Walmart, Inc. is listed on the New York Stock Exchange under the ticker symbol WMT. The company went public on August 25, 1972

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