Walmart CEO Doug McMillon to retire, insider John Furner named top boss
John Furner, who has led Walmart U.S. operations and started as an hourly associate, will guide the company’s AI-driven growth after Doug McMillon's decade-long leadership.
- 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.
170 Articles
170 Articles
Walmart's Sixth CEO: John Furner to Take the Helm as McMillon Steps Down - RetailWire
The world’s largest retailer announces a major leadership transition, marking only the sixth CEO change in its history Bentonville, AR — When Walmart announced Thursday that Doug McMillon would retire as CEO after 11 years at the helm, it wasn’t just a changing of the guard. It was a signal of how seriously the retail giant is taking its next phase of transformation. John Furner, currently President and CEO of Walmart U.S., will step into the to…
Walmart CEO announces surprise retirement
NEW YORK — Walmart CEO Doug McMillon, who turned America's largest retailer into a tech-powered giant and spearheaded a period of robust sales growth since becoming chief executive in 2014, plans to retire early next year, the company said Friday…
Walmart CEO stepping down
Walmart's longtime CEO, Doug McMillon, will step down Jan. 31, the company said Friday. John Furner, who has been president and CEO of Walmart's U.S. division, will become the retailer's new CEO. McMillon will retire from his position in early…
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 …
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