Walmart CEO Doug McMillon to retire, insider John Furner named top boss
John Furner, with over 30 years at Walmart and leadership in U.S. operations, will lead the company through AI-driven transformation after Doug McMillon's decade-long tenure.
- 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.
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152 Articles
Leadership Transition at Walmart: How McMillon's Retirement Could Impact the Stock
Key PointsOver more than a decade, McMillon updated Walmart's business model for the e-commerce era.Walmart has doubled Amazon's return over the last five years.The transition to John Furner should be successful.10 stocks we like better than Walmart › Walmart (NYSE: WMT) CEO Doug McMillon, who just announced his retirement, doesn't get as much credit as tech titans like Jeff Bezos and Elon Musk do, but he's been one of the best CEOs of the 21st …
Walmart CEO Doug McMillon to step down in January after 10 years of reinventing the retail giant - Tech Startups
Walmart is heading into a major leadership shift. Doug McMillon, the longtime CEO who helped pull the retailer out of its discount-store stereotype and into its tech-driven, e-commerce era, will step down at the end of January, the retail giant […] The post Walmart CEO Doug McMillon to step down in January after 10 years of reinventing the retail giant first appeared on Tech Startups.
Walmart CEO Doug McMillon announces his surprise retirement at age 59
Walmart CEO Doug McMillon is planning to retire early next year and his successor has been named. The company made the surprise announcement on Friday about McMillion stepping down on Jan. 31. John Furner, the head of Walmart’s U.S. operations,…
Walmart’s board of directors has elected John Furner, current head of the retail distribution giant in the United States, as the next president and CEO, a position that will begin to play from February 1, 2026, when it will succeed Doug McMillon, who will retire on January 31, 2026, although he will remain on the board of the multinational until the next general meeting of shareholders to contribute to a smooth transition. Furner, 51, who began …
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