Walmart CEO Doug McMillon Retires, John Furner Takes Over
Update: 2025-11-14
Description
Walmarts CEO Doug McMillon to Retire, John Furner to Take OverWalmart announced a significant leadership change, with Doug McMillon set to retire as CEO next year. He will be succeeded by John Furner, currently leading Walmarts US operations. Both executives have spent decades with the company, working their way up. This transition comes as retailers face challenges like tariffs and shifting consumer confidence. Under McMillons leadership, Walmart thrived, with a strong supply chain and grocery business. He also transformed Walmart into a major e-commerce player, offering a rival to Amazon. Furner, who started as an hourly associate in 1993, is known for strong associate development, digital innovation, and operational excellence. McMillon will advise Furner until June 2023.
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