Walmart Inc. Reports New Senior Vice President and Controller Appointment
Summary
On October 22, 2025, Walmart Inc. appointed Dwayne Milum as Senior Vice President and Controller, effective February 1, 2026. In this role, Mr. Milum will serve as the Company's principal accounting officer. David Chojnowski will transition to Senior Vice President, Treasurer and Tax on January 31, 2026. Mr. Milum's compensation includes an annual base salary of $600,000, a target annual cash incentive of 50% of his base salary for fiscal 2027, and annual equity awards.
Why It Matters
The appointment of Dwayne Milum as the new principal accounting officer is a significant leadership change, impacting the company's financial oversight and reporting structure. The detailed compensation package highlights the importance of this executive role.
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Key Quote
“On October 22, 2025, Dwayne Milum, age 50, was appointed Senior Vice President and Controller of Walmart Inc. ("Walmart" or the "Company"), effective February 1, 2026.”
— From Item 5.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000104169
- Filing Date
- Wednesday, October 22, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- positive