Walmart CEO Doug McMillon to Step Down

1 day ago 1

Sarah Nassauer and Gareth Vipers

Fri, November 14, 2025 astatine 7:36 AM CST 1 min read

Walmart CEO Doug McMillon volition measurement down aft a decennary successful the role.

Walmart said Friday that Chief Executive Doug McMillon would measurement down aft implicit a decennary successful the role, a alteration astatine the apical of the country’s largest retailer and backstage leader arsenic it navigates a analyzable user and authorities landscape.

John Furner, existent main enforcement of Walmart U.S., volition win McMillon arsenic CEO aft the extremity of the company’s fiscal twelvemonth Feb. 1, the institution said.

The 51-year-old Furner has served arsenic president and CEO of Walmart U.S. since 2019, overseeing the company’s largest operating conception and much than 4,600 stores. He began his Walmart vocation arsenic an hourly subordinate successful 1993 and has held enactment roles crossed merchandising, operations and sourcing. His begetter was besides an enforcement astatine the company.

McMillon, 59 years old, has led Walmart done a play of accelerated maturation arsenic the retail behemoth remade its operations to absorption much connected e-commerce income successful the look of contention from Amazon.

Walmart shares were down 2.5% successful premarket trading.