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14.11.25 - 15:31
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Walmart CEO Doug McMillon to retire in January (The Hill)
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NEW YORK (AP) — Walmart CEO Doug McMillon, who turned the nation's largest retailer into a tech-powered giant since taking over in 2014, will retire in January in a surprise move. John Furner, 51, a longtime insider and head of Walmart's U.S. operations, will take over, the company said Friday. Shares fell 3% immediately in......
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14.11.25 - 15:31
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Walmart CEO McMillon to Retire in February, US Head Will Take Over (Bloomberg)
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Walmart's CEO Doug McMillon is stepping down — marking the end of an era for the world's largest retailer. McMillon, who rose from hourly worker to chief executive, will hand the reins over to the company's US head John Furner. Bloomberg's Emily Cohn leads Bloomberg's consumer team and she joined Bloomberg Open Interest with details on the leadership shake-up. (Source: Bloomberg)...
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14.11.25 - 14:09
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Walmart Announces John Furner as President and Chief Executive Officer (Business Wire)
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BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT) today announced that its Board of Directors has elected John Furner, 51, to succeed Doug McMillon, 59, as President and Chief Executive Officer of Walmart Inc., effective February 1, 2026. Furner was also elected to the company's Board of Directors, effective immediately. McMillon will retire on January 31, 2026, but remain on the Board of Directors until the next annual shareholders' meeting and help ensure a smooth transition.
“John Furner is the right leader to guide Walmart into our next chapter of growth and transformation,” said Greg Penner, Chairman of Walmart Inc. “After starting as an hourly associate and being with us for over 30 years in a variety of leadership roles across all three of our operating segments, John understands every dimension of our business – from the sales floor to global strategy. He has proven that he can deliver results while living our values. John's six-year leadership of our Walmart U.S. business du...
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