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Look Out, Amazon?! Walmart Hires Former PayPal CFO (AMZN vs. WMT Stock)
Episode 15015th April 2022 • The Stock Power Podcast • Money & Markets
00:00:00 00:10:15

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When big companies set out to hire executives, the decisions are more about finding the right person for the future, not for today.

These companies have strategic plans in place, and they want the best person to help them reach those goals.

Walmart Inc. (NYSE: WMT) made such a hire this week when it tapped PayPal (Nasdaq: PYPL) CFO John Rainey to be the retailer’s next chief financial officer.

The hire has tipped Walmart’s hand concerning its future plans.

In this episode of The Bull & The Bear, I will tell you what Walmart is looking to do and what it means for its biggest competitor: Amazon.com.

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