Richard Mayfield is executive vice president and chief financial officer for Walmart International. In this complex division of Walmart’s operations, Richard leads the International Finance team and has responsibilities for indirect spend management, real estate, business development and strategy.
Before being appointed to his current role, he served as senior vice president and CFO of Walmart’s Europe, Middle East and Africa (EMEA) Region, International Strategy, Mergers and Acquisitions and Financial Services. As the CFO of Walmart’s EMEA Region, 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.
Richard also led International Strategy with strategic oversight of International Mergers and Acquisitions and Financial Services. With these responsibilities, he managed the growth and strategy for Walmart International, a fast-growing segment of Walmart with more than 6,200 stores and more than 800,000 associates in 27 countries outside the United States.
Richard joined Walmart in 2012 as CFO of Walmart’s U.K. business, Asda, and was promoted in January 2014 to CFO of the EMEA region. He 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 L.E.K. Consulting. Richard graduated from the University of Cambridge where he read 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.