Walmart CEO Doug McMillon to retire, insider John Furner named top boss
Doug McMillon retires after 11 years as CEO with Walmart's shares up nearly 300%; John Furner, leading U.S. operations, takes over to drive growth and AI transformation.
- Walmart CEO Doug McMillon is retiring early next year and will be succeeded by John Furner, the Walmart U.S. CEO, on Feb. 1.
- Furner, 51, has been the CEO of Walmart's U.S. business since 2019, overseeing more than 4,600 stores and the largest sector of the company.
- McMillon's retirement is effective Jan. 31, 2026, and Furner will start as CEO the next day.
81 Articles
81 Articles
Walmart CEO Doug McMillon To Step Down After Decade Of Transforming Retail
Walmart CEO Doug McMillon will retire in February 2026 after more than a decade leading the world’s largest retailer. He will be succeeded by John Furner, the current head of Walmart’s U.S. operations. John Furner will become Walmart’s CEO on February 1, 2026, succeeding Doug McMillon who will retire January 31, 2026 but stay on the Board through June and as an advisor through January 31, 2027. https://t.co/JFoMW47gzF pic.twitter.com/6MY2yfWmNj—…
Walmart CEO Doug McMillon to retire Jan. 31, longtime exec John Furner named next CEO
announced Friday that its CEO, Doug McMillon, will retire on Jan. 31, 2026, after a more than 10-year run leading the retail giant. Walmart's US CEO, John Furner, will succeed McMillon as the company's next CEO. McMillon will remain on the company's board of directors until its next annual…
Walmart CEO Doug McMillon to retire in January, successor named
BENTONVILLE, Ark. (KNWA/KFTA) — Walmart Chief Executive Officer Doug McMillon is set to retire next year, the company announced on Friday. The Bentonville-based retailer said in a release that McMillon is officially slated to retire on January 31, 2026, though he will remain on the Board of Directors until the next shareholders' meeting in June. [...]
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