Doug McMillon to Retire as Walmart CEO
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KEY POINTS
• Doug McMillon retires Jan. 31, 2026, after leading Walmart through major transformation
• McMillon remains on the Board until the next shareholders’ meeting and will advise through 2027
• Walmart U.S. chief John Furner will become CEO on Feb. 1, 2026
Walmart is preparing for the end of an era as longtime chief executive Doug McMillon officially announces his retirement after more than ten years at the helm. His final day as CEO will be January 31, 2026, closing a career that reshaped Walmart’s digital capabilities, supply chain, and global strategy.
McMillon’s departure marks a significant moment for the company. Under his leadership, Walmart reinvented itself for a new retail landscape—expanding omnichannel services, accelerating e-commerce, and investing heavily in workforce development. Walmart says he will remain on its Board until the next shareholders’ meeting, and continue advising the company through January 2027 to ensure a stable transition.
To succeed McMillon, the Board has elected John Furner, a 30-year Walmart veteran who currently leads Walmart U.S. Furner begins his new role on February 1, 2026. Widely respected inside the company, he brings deep operational experience and will begin steering Walmart into what leaders describe as its next technology-powered growth phase.
With McMillon stepping aside after a decade of transformation, Walmart says the transition reflects both continuity and renewal—closing one of the company’s most influential chapters while opening the door to its next.
