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Walmart CEO Doug McMillon to Retire in 2026

11/14/2025

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Story summary
  • Doug McMillon, Walmart Chief Executive Officer, will retire on January 31, 2026 after 12 years in the role.
  • John Furner, the chief executive officer of Walmart U.S., will succeed him on February 1, 2026.
  • Furner started at Walmart as an hourly associate in 1993 and has led U.S. operations since 2019.
  • McMillon will remain on Walmart's board through June 2026 and serve as an advisor through January 2027.