John David Rainey is the Executive Vice President and Chief Financial Officer at Walmart, where he oversees the company's financial operations, corporate strategy, global procurement, and investor relations. With a strong background in finance and leadership roles at major corporations like PayPal and United Airlines, Rainey brings valuable expertise to Walmart's mission of helping customers save money and live better.
Who is the CFO of Walmart?
John David Rainey, currently serving as the Executive Vice President and Chief Financial Officer at Walmart, has an impressive professional background. Before joining Walmart in 2022, Rainey held significant positions at major corporations such as PayPal and United Airlines. At PayPal, he served as the Chief Financial Officer and Executive Vice President of Global Customer Operations, leading financial and customer operations centers globally. Prior to that, he spent a combined 18 years with United and Continental Airlines, ultimately serving as the Executive Vice President and CFO at United Airlines. Rainey began his professional career at Ernst & Young LLP. In addition to his corporate roles, he is a member of the board of directors for PhonePe, a leading digital payments platform in India, and serves on the advisory board for Baylor University's Hankamer School of Business. His achievements include receiving notable awards such as "Bay Area Transformation Agent CFO of the Year" by the San Francisco Business Times in 2018 and "CFO of the Year" by Silicon Valley Business Journal in 2016.
Work History
- Walmart: Executive Vice President and Chief Financial Officer (May 2022 - Present)
- PhonePe: Board of Directors (January 2024 - Present)
- Nasdaq: Board of Directors (January 2017 - January 2023)
- PayPal: Chief Financial Officer and EVP, Global Customer Operations (January 2015 - May 2022)
- United Airlines: Executive Vice President and CFO (January 2012 - January 2015)
- United Airlines: Senior Vice President of Financial Planning and Analysis (January 2010 - January 2012)
- Continental Airlines: Vice President of Financial Planning and Analysis (January 1997 - January 2010)
Education History
John David Rainey's educational background includes a Bachelor of Business Administration (BBA) and a Master of Business Administration (MBA) from Baylor University. He pursued his BBA from 1989 to 1993 and later continued his education at the same institution, earning his MBA between 1993 and 1995. This strong foundation in business administration has undoubtedly contributed to Rainey's successful career in finance and leadership roles at major corporations.
When did John David Rainey join Walmart?
John David Rainey joined Walmart as the Executive Vice President and Chief Financial Officer in May 2022. He became the CFO after serving in a similar capacity at PayPal, where he held the position of Chief Financial Officer and Executive Vice President of Global Customer Operations from January 2015 to May 2022. As of now, Rainey has been with Walmart for a relatively short period, having joined the company less than a year ago.