Walmart Announces CEO Transition: Doug McMillon to Retire in January, with John Furner Stepping Up as Successor
Walmart CEO Doug McMillon to retire in January and US operations chief John Furner will take over
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FILE – Walmart CEO Doug McMillon speaks at the Opportunity Summit Thursday, Sept. 25, 2025, in Bentonville, Ark. (AP Photo/Charlie Riedel, File) (Charlie Riedel, Copyright 2025 The Associated Press. All rights reserved)

NEW YORK – Walmart has announced that Doug McMillon, the company’s CEO, is set to retire in January. The news was confirmed by the retail giant on Friday.

Stepping into the role will be John Furner, who is currently in charge of Walmart’s U.S. operations and has been a key figure within the company for many years.

McMillon will officially step down on January 31, 2026. Furner is scheduled to assume the CEO position on the following day.

Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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