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Walmart Brief

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Reuters reports that Walmart Inc. has given notice that they have entered into a transition agreement with David Cheesewright, former president of Walmart Canada:  

 

·         WALMART SAYS ON MARCH 29 DAVID CHEESEWRIGHT, CO, UNIT ENTERED INTO TRANSITION AND RETIREMENT AGREEMENT – SEC FILING

 

·         WALMART – UNDER AGREEMENT, CHEESEWRIGHT TO BE EMPLOYED ON FULL-TIME BASIS THROUGH MARCH 31, ON PART-TIME BASIS FROM APRIL 1, 2018 THROUGH JAN 31, 2019

 

·         SUBJECT TO COMPLIANCE WITH TERMS OF AGREEMENT, AFTER RETIREMENT DATE , CHEESEWRIGHT TO RECEIVE PAYMENTS TOTALING C$5.6 MLN TO BE PAID OVER 1-YR

 

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