Deloitte Names Former Walmart CFO Charles Holley Independent Senior Advisor to CFO Program

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Jul 25, 2016, 01:06 ET

NEW YORK, July 25, 2016 /PRNewswire/ -- Deloitte announced today that Charles Holley, retired chief financial officer of Walmart, has been appointed independent senior advisor, U.S. CFO Program, Deloitte LLP, serving as the "CFO-in-residence." In this newly created role, Holley will serve as an independent advisor to staff, clients and senior leadership, and will work to help fulfill Deloitte's vision "to be recognized as the preeminent advisor to the CFO."

"In leading the CFO Program for nearly 10 years, I've seen the value that experienced consultation and guidance can bring and the add-on opportunities that unique experience can generate," said Sanford A. Cockrell III, national managing partner, U.S. CFO Program, Deloitte LLP. "Charles has a caliber of experience that few others can claim, and I'm simply thrilled he has joined Deloitte as our 'CFO-in-residence.' He will make an immediate impact by validating our offerings and capabilities, while making them more tangible through his CFO experiences."

In his new role, Holley's responsibilities range from associate dean and CFO speaker at Deloitte's Next Generation CFO Academies, participating in select CFO Transition Lab™ sessions, attending multiple CFO Forums and the annual CFO Vision™ conference. Further, he will lend his extensive experience to Deloitte's quarterly CFO Signals™ survey, bi-weekly CFO Insights series, CFO Lens app and have a regular column in the Deloitte module of CFO Journal.

Holley served as CFO of Walmart from December 2010 to January 2016. During his tenure, he was instrumental in shaping Walmart's strong financial position while driving significant shareholder returns. He was responsible for accounting and control, corporate strategy and development, business planning and analysis, internal auditing, treasury, tax and several other key areas of the company. One of Holley's many passions is talent development and succession planning, skills that he brought to the finance function at Walmart. Before Walmart, Holley worked for Tandy Corporation (now Radio Shack) as managing director for its European Memorex division and served as director of finance for its international operations.

"Deloitte's CFO Program has a well-recognized reputation for excellence, and I look forward to becoming an integral part of it by working to enhance Deloitte's overarching positioning, collaborating with senior leadership, mentoring staff and delivering value to Deloitte clients across the organization," said Holley.

About Deloitte's CFO Program
The CFO Program brings together a multidisciplinary team of Deloitte leaders and subject matter specialists to help CFOs stay ahead in the face of growing challenges and demands. The program harnesses our organization's broad capabilities to deliver forward thinking and fresh insights for every stage of a CFO's career —helping CFOs manage the complexities of their roles, tackle their organization's most compelling challenges, and adapt to strategic shifts in the market. For more information about Deloitte's CFO Program, please contact [email protected] or visit www.deloitte.com/us/thecfoprogram.

As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

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