Walmart Had a New CEO for Less Than 72 Hours, and It Already Hit a Major Milestone

Walmart Had a New CEO for Less Than 72 Hours, and It Already Hit a Major Milestone

On Sunday, John Furner took over as CEO. On Tuesday, Walmart stock rose high enough to push the company’s market value past $1 trillion.

Briefly: Walmart’s new CEO asks workers to air complaints

Walmart Inc.’s new chief executive officer, John Furner, wants employees to share what’s holding them back. In his first companywide memo since taking over on Feb. 1, Furner said he had a “simple ask: Tell me one thing that slows you down or makes it harder to do your job.” The 51-year-old Walmart lifer will spend his first weeks visiting stores, supply-chain facilities and support offices around the world, according to the memo, which was viewe…

At Walmart's Helm: A Tribute to McMillon's Era and the Dawn of Furner's Leadership, CWEB Business News

A defining chapter at Walmart Inc. has drawn to a close with Mr. Douglas McMillon’s retirement from the role of Chief Executive Officer, a transition executed with characteristic foresight and seamless governance. Having guided the corporation with distinction for nearly twelve years, Mr. McMillon now assumes a pivotal position as an executive member of the […]

Walmart Names New CEO as Retail Moves From Shelves to Software

John Furner appointment as Walmart’s CEO underscores that as Walmart scales, retail’s next chapter will likely come from scaling platforms.