Walmart names next president and CEO
Walmart names next president and CEO
Walmart Inc. announced that its board of directors has elected John Furner to succeed Doug McMillon as president and CEO, effective Feb. 1, 2026. Furner was also elected to the company’s board of directors, effective immediately. McMillon will retire Jan. 31 but remain on the board of directors until the next annual shareholders’ meeting and help ensure a smooth transition. “John Furner is the right leader to guide Walmart into our next chapter of growth and transformation,” said Greg Penner, chairman of Walmart Inc. “After starting as an hourly associate and being with us for over 30 years in