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Schmitt
[shmit]
noun
Bernadotte Everly 1886–1969, U.S. historian.
Harrison (Hagan) Jack, born 1935, U.S. astronaut, geologist, and politician: U.S. senator 1977–83.
Example Sentences
Steve Schmitt, a Walmart executive, will step in as chief financial officer on Nov. 10, succeeding PepsiCo insider Jamie Caulfield, who plans to retire after more than three decades at the company.
Schmitt has served as finance chief of Walmart’s U.S. arm since 2021.
In his new role, Schmitt will join a leadership team tasked with turning around a struggling business while up against activist investor Elliott Investment Management.
Schmitt’s focuses will include improving growth while reorganizing PepsiCo’s cost structure and determining how best to maximize brand investment, analysts said.
Schmitt was named to succeed Hawley in November 2018.
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