Tim Ritz will sign up for Walmart on Sept. 18 because the store’s new leader procurement officer, in line with an interior memo Wednesday (Aug. 23) via CFO John David Rainey got via the Northwest Arkansas Trade Magazine. Ritz is changing DK Singh, who held the placement since 2018. Singh left Walmart previous this month.

Within the memo, Rainey mentioned Ritz shall be liable for turning in strategic trade answers that give a boost to trade partnerships, reinforce carrier and maximize worth for patrons and shareholders.

Ritz involves Walmart from PayPal, the place he has spent the previous 8 years main procurement and actual property for the monetary tech company.  He additionally held management roles in provide chain and procurement operations at Hertz and United Airways.

“Tim brings 20 years of revel in main complicated procurement organizations throughout industries. Right through his occupation, he had constructed a powerful monitor file for serving to companies ship significant enhancements to price and potency thru efficient provider courting control,” Rainey famous within the announcement.

Ritz will report back to Rainey and can relocate to Northwest Arkansas to paintings from the Bentonville house place of job.