Walmart CEO Doug McMillon Announces Retirement
Walmart has announced that its CEO, Doug McMillon, will retire effective January 31, 2026. McMillon has led the retail giant through a period of significant growth and transformation. The company made the retirement announcement public on Friday.
John Furner Named as Successor
Following McMillon's retirement, John Furner, currently the head of Walmart's U.S. operations, will assume the role of CEO starting February 1, 2026. Furner has been a key figure in Walmart's domestic business, overseeing its extensive network of stores and operations across the United States.
Leadership Transition Details
The transition marks a planned leadership change at one of the world's largest retailers. McMillon's retirement will conclude his tenure as CEO, and Furner will immediately step into the role the day after McMillon's departure.
About John Furner
John Furner has been instrumental in managing Walmart's U.S. operations, a critical segment of the company’s overall business. His appointment as CEO reflects Walmart's confidence in his leadership capabilities and experience within the company.
Looking Ahead
The leadership change comes as Walmart continues to navigate a competitive retail landscape, focusing on innovation and expansion. The company’s board and stakeholders will be watching closely as Furner takes the helm.
