Walmart said it appointed Dwayne Milum, 50, as Senior Vice President and Controller, effective February 1, 2026. He will serve as the company's principal accounting officer. The appointment was announced on October 22, 2025.

1. 01

   Walmart said it appointed Dwayne Milum, 50, as Senior Vice President and Controller, effective February 1, 2026. He will serve as the company's principal accounting officer. The appointment was announced on October 22, 2025.

2. 02

   The company said Milum has served as Senior Vice President and Chief Audit Executive since April 2022 and joined Walmart in 2004. David Chojnowski will serve as Senior Vice President and Controller until the close of business on January 31, 2026, then move to the role of Senior Vice President, Treasurer and Tax.

3. 03

   Walmart said Milum will receive an annual base salary of $600,000, subject to annual adjustment. It said his target annual cash incentive under the Management Incentive Plan for fiscal 2027 is 50% of his base salary.

4. 04

   Walmart said it will grant Milum performance-based restricted stock units for fiscal 2027 with a target value of $1,125,000, and restricted stock valued at $375,000 vesting over 3 years. The company also said it will enter into a 1-year non-compete agreement with Milum following his departure.

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