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Walmart CEO Doug McMillon to retire at 59 years old

Walmart CEO Doug McMillon will retire effective Jan. 31, 2026, the company announced in a Friday morning surprise, concluding a decade-long tenure that reshaped the retail giant’s global strategy and digital presence.  John Furner, currently head of Walmart’s U.S. operations, will succeed McMillon as president and chief executive officer starting Feb. 1, 2026. Furner was also elected to the company’s board of directors, effective immediately. McMillon will remain on the board of … Read more

Walmart CEO Doug McMillon says he can’t think of a single job that won’t be changed by AI—here’s how today’s workforce can prepare

From warehouse floors to corner offices, no role is off-limits to AI, says the CEO of the world’s largest private employer. “It’s very clear that AI is going to change literally every job,” Walmart chief executive Doug McMillon has warned. AI is already reshaping the future of work with entry-level job seekers struggling to gain … Read more

Walmart CEO Doug McMillon says customers are exhibiting ‘stressed behaviors’—and it’s already tanked the company’s valuation by $22 billion

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