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Walmart's (WMT) - Get Walmart Inc. Report Chief Technology Officer Jeremy King is leaving the company, according to a memo obtained by CNBC. 

King was responsible for overseeing Walmart's technology shift, which centers on an e-commerce driven model of retail. King's last day at Walmart will be March 29. 

Walmart shares were down 0.096% to $98.54 Thursday morning. 

"People all have their own perceptions of Walmart," King told CNBC. "For years now ... I've wanted people to understand we are building a tech organization," he said. "I've got a machine learning team. We have some of the best apps in the world."

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The memo obtained by CNBC said King will be starting a "new adventure," but didn't specify. 

Walmart, in its latest quarter, said digital sales grew 43% from last year, almost doubling sales in the digital channel over the past two years as it continues to define itself as a leader in online grocery sales.

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