US EditionWalmart Debuts on Nasdaq
Doug McMillon is stepping down after 40 years and more than a decade as CEO; Furner will succeed him amid a 34% rise in retail CEO departures, data shows.
- Last month Walmart CEO Doug McMillon resigned after more than 10 years leading over 2 million employees, with Furner, internal successor, set to take the helm early next year.
- Since the pandemic, retail CEOs face rising challenges from AI disruption, changing consumer behavior, and rising labor costs, contributing to elevated leadership exits this year.
- In a CNBC interview on Tuesday, Doug McMillon, Walmart CEO , said his exit was not about confidence and he plans a break before pursuing business and philanthropy in a quieter 2026.
- The departures this year include Kroger's former CEO Rodney McMullen and Kohl's former CEO Ashley Buchanan, while Target's CEO Brian Cornell announced he will retire next year.
- Some exits this year have been voluntary departures and push-outs, while Furner, who has worked at Walmart since 1993 and met his wife there, reflects an internal promotion path.
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diarioestrategia.clThe shares of the U.S. retail giant Walmart have started trading on the Nasdaq Stock this Tuesday...
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