Richard Mayfield is executive vice president and chief financial officer for Walmart International. In this complex division of Walmart’s operations, Richard is responsible for international finance activities including business planning and analysis, mergers and acquisitions; strategy; and financial services.
Before being appointed to his current role, he served as senior vice president of international strategy and chief financial officer for Walmart's EMEA Region. As the Chief Financial Officer of Walmart EMEA, he was responsible for finance activities including accounting and controls, financial services, and business planning and analysis in Europe, the Middle East, Sub-Saharan Africa and Canada. The EMEA region is a significant operation for Walmart with more than 285,000 associates and more than 1,345 retail units in Canada, Sub-Saharan Africa and the United Kingdom.
As the leader of international strategy, Richard also had oversight of international mergers and acquisitions as well as financial services. With these responsibilities, Richard managed the growth and strategy for Walmart International, a fast-growing segment of Walmart with more than 6,300 stores and more than 777,000 associates serving customers in 27 countries outside of the United States.
Richard joined Walmart in 2012 at Walmart’s UK business, Asda, as chief financial officer and was promoted in January 2014 to CFO of the EMEA region. Richard has a variety of experience in financial and strategic leadership roles at retailers including Kingfisher, House of Fraser and Waitrose, as well as strategy consulting experience with LEK. Richard graduated from Cambridge where he studied Economics, and is also a fellow of the Royal Society of the Arts.
Richard and his wife, Bonnie, have two children and live in Rogers, Ark.