Management ChangeMar 30, 2026, 03:51 AM
Walmart CEO Doug McMillon to Retire; John Furner Appointed as Successor
AI Summary
Walmart Inc. announced that CEO Doug McMillon will retire effective January 31, 2026, transitioning to an executive officer role reporting to the Chairman. John Furner, currently CEO of Walmart U.S., has been appointed as the new CEO, effective February 1, 2026, and will also join the Board.
Key Highlights
- Doug McMillon to retire as CEO on January 31, 2026, continuing as executive officer and director.
- John Furner appointed as new CEO, effective February 1, 2026, and elected to the Board.
- Furner previously served as CEO of Walmart U.S. and President and CEO of Sam's Club.