Walmart (WMT) announced Friday that its CEO, Doug McMillon, will retire on Jan. 31, 2026, after a more than 10-year run leading the retail giant.
Walmart's US CEO, John Furner, will succeed McMillon as the company's next CEO. McMillon will remain on the company's board of directors until its next annual shareholders’ meeting. McMillon has served as Walmart's CEO since Feb. 1, 2014.
