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Reuters reports that Jeremy King, who since 2011 has helped oversee remarkable growth in Walmart’s e-commerce capabilities as the company’s CTO, is resigning.

King reportedly will leave at the end of the month for an undisclosed “new venture.”

Reuters writes that “Under King, Walmart integrated its massive stores and online systems and began offering shoppers services such as in-store pickup of online orders, easy returns and online grocery pickup, among other benefits.  

“King also led the company's technology arm, Walmart Labs, through more than 10 acquisitions and was key in moving the company's operations to the cloud, which gave the retailer more resources to compete with Amazon. He also oversaw the opening of four new tech offices.”

The company said that while a search for a replacement is conducted, King’s responsibilities will be handled by Fiona Tan, senior vice president of customer technology.
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