Walmart’s Chief Technology Officer Jeremy King will be leaving the company

Walmart’s chief technology officer, Jeremy King, will be leaving the company, according to a memo obtained by CNBC.

King’s role has been to revamp the company’s technology presence as in which looks to compete with e-commerce rivals, namely Amazon. Of late, Walmart will be billing itself as a technology company, as well as not just a retailer, however in which has struggled to rebrand itself as more consumers are flocking to the web as well as mobile to purchase goods ranging by clothing to medicines.

“People all have their own perceptions of Walmart,” King told CNBC, ahead of a recent panel at the SXSW conference, about his role leading Walmart Labs, the retailer’s technology arm. “For years right now … I’ve wanted people to understand we are building a tech organization,” he said. “I’ve got a machine learning team. We have some of the best apps inside the globe.”

King hasn’t announced his next role, however the memo did state in which he’ll be starting a “brand-new adventure” soon. in which also notes in which Fiona Tan, currently the senior vice president of customer technology, will be stepping up into an “elevated role.”

King’s last day with the company will be March 29.

Walmart declined to comment beyond the memo.

Read the full memo here:

After nearly eight years as well as significant contributions across Walmart, Jeremy King, Executive Vice President as well as Chief Technology Officer – Walmart U.S. as well as U.S. eCommerce, has decided to leave the company for a brand-new adventure.

Jeremy joined Walmart during the inception of “a startup within the globe’s largest company” – right now known as Walmart Labs, an important enabler for our business. Ever since then, he’s had a laser focus on building capabilities in which empower our associates as well as better serve our customers.

During his first few years at Walmart, he built out an engineering as well as product organization focused on reimagining the platform for our eCommerce engine, while also leading Walmart Labs through 10+ acquisitions, the opening of four brand-new tech offices as well as, establishing the organization as a user of, as well as contributor to, the open source community. The operational decisions made during in which time were key to the success of our technology team as well as led to more agile ways of working, transparent toolsets, product-focused roadmaps as well as a robust patent program.

Over the last two years, Jeremy’s role expanded as we evolved Walmart Labs to not only power our U.S. eCommerce platform, however also our U.S. stores. He encouraged true omnichannel thinking as well as created a unified team of technologists, each focused on one customer. During Jeremy’s tenure, we created important technology partnerships with Microsoft, Google, NVIDIA as well as others in which will help carry our digital transformation well into the future.

Jeremy also championed a strong culture at Walmart. He motivated his teams – especially when in which came to balancing technical expertise with empathy as well as people skills – as well as promoted diversity as well as inclusion within Walmart as well as the tech industry. Jeremy helped build as well as strengthen relationships with organizations like Grace Hopper, Girls Who Code as well as Path Forward.

While Jeremy will be missed, he leaves us with an outstanding leadership team as well as organization well-positioned to advance Walmart’s strategic priorities seamlessly as well as with excellence. We wish him the very best inside the next phase of his journey.

Jeremy’s last day with Walmart will be March 29. While we look for his replacement, we’ve asked Fiona Tan, Senior Vice President of Customer Technology, Walmart Labs to take an elevated role as liaison for technology as well as Walmart U.S. as well as U.S. eCommerce leadership. Fiona will be a strong leader with comprehensive knowledge of our technology stack. During This particular transition, all of Jeremy’s directs will continue to lead their teams as well as report directly to the both of us.

Please join us in thanking Jeremy for his service to Walmart as well as wishing him well.