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
