carol schumacherCarol Schumacher, VP of investor relations for Walmart who held top communications posts at Kerr-McGree and Home Depot, is leaving the retailer after 11 years this month.

A Walmart spokesman told O'Dwyer's Schumacher is relocating to the Southeast with a new company and post that has not yet been announced.

The company credited Schumacher with digitizing its IR function and building a "first-class" investor communications organization. She will stay on through its quarterly earnings, exiting on Aug. 21.

Pauline Mohler, senior director of corporate finance, will cover the post as the company conducts a search for a replacement.

Schumacher was VP of corporate affairs for Walmart before moving to the IR role in the mid-2000s. She was SVP of corporate affairs at Kerr-McGee, VP of PR for Home Depot and EVP for Edelman and Cohn & Wolfe, among other agency posts.