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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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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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Business Wire broke the news in Crystal River, United States on Thursday, November 13, 2025.
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