Longtime Walmart president and CEO Doug McMillon will step down from his roles on January 31, 2026, company officials announced Friday.
John Furner, 51, will replace McMillon, 59, as president and CEO effective February 1, with McMillon to remain on the board of directors “until the next annual shareholders meeting and help ensure a smooth transition,” the statement said.
Furner started with the company over 30 years ago as an hourly as
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