Wal-Mart international division CFO leaving

|By:, SA News Editor

Cathy Smith, the CFO of Wal-Mart's (WMT) massive international ops, is leaving for a "leadership position" at another company, per company memos obtained by the WSJ.

The departure comes shortly after Smith was passed over to be the next CEO of the international unit, in favor of EMEA/Canada chief David Cheesewright.

Walmart International operates more than 6,100 stores, and accounted for 29% of the retail giant's Q3 revenue.