Walmart CEO Doug McMillon Steps Down, John Furner Takes Over
Update: 2025-11-14
Description
Walmarts CEO Doug McMillon to Step Down; John Furner Named SuccessorWalmarts CEO, Doug McMillon, is stepping down after over a decade in the role. John Furner, current CEO of Walmart U.S., will take over. Furner, a long-time Walmart employee, has held various leadership roles and is set to lead the retail giant into a new era. The announcement caused a slight dip in Walmart shares, and the impact of this leadership change on future strategies and market performance will be closely watched.
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