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Walmart CEO Doug McMillon to retire, insider John Furner named top boss

Doug McMillon retires after 12 years leading Walmart, with John Furner, head of U.S. operations overseeing 4,600 locations, set to succeed him in February 2026.

  • 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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The American distribution giant has found Doug McMillon's successor. His name is John Furner, 51 years old, and will become Walmart's new chief as of February 1, 2026.

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