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Walmart CEO Doug McMillon to retire
CNBC Television· 2025-11-14 13:27
All right, let's take a look at shares of Walmart. Right now, they are off by three and a quarter percent because the company is just announcing that Doug McMillan, the chairman and CEO, is going to be retiring. He's stepping down from the company uh where he has been in charge for more than 12 years.During that time, Doug McMillan has more than quadrupled Walmart's market cap. He's also set the company up for continued growth. He's been seen as somebody who is not only a stalwart leader but also a a vision ...
Walmart CEO Doug McMillon to retire.
Youtube· 2025-11-14 13:27
All right, let's take a look at shares of Walmart. Right now, they are off by three and a quarter percent because the company is just announcing that Doug McMillan, the chairman and CEO, is going to be retiring. He's stepping down from the company uh where he has been in charge for more than 12 years.During that time, Doug McMillan has more than quadrupled Walmart's market cap. He's also set the company up for continued growth. He's been seen as somebody who is not only a stalwart leader but also a a vision ...
沃尔玛任命约翰·弗纳为公司总裁兼首席执行官
Xin Lang Cai Jing· 2025-11-14 13:24
11月14日,沃尔玛宣布,董事会选举现年51岁的约翰·弗纳(John Furner)接替道格·麦克米伦(Doug McMillon)担任公司总裁兼首席执行官,任命将于2026年2月1日生效。弗纳同时当选为公司董事会成 员,即刻生效。麦克米伦将于2026年1月31日退休,但将继续担任董事会成员至下届年度股东大会,以 确保平稳过渡。 弗纳自2019年起担任沃尔玛美国公司总裁兼首席执行官,负责管理公司规模最大的运营部门及超过4600 家门店。他于1993年以小时工的身份加入沃尔玛,并在商品销售、运营和采购等多个部门担任领导职 务。 来源:智通财经 ...
Walmart CEO Doug McMillon to retire in January and US operations chief John Furner will take over
Yahoo Finance· 2025-11-14 13:20
NEW YORK (AP) — Walmart CEO Doug McMillon, who turned the nation's largest retailer into a tech-powered giant since taking over in 2014, will retire in January in a surprise move. John Furner, 51, a longtime insider and head of Walmart's U.S. operations, will take over, the company said Friday. Shares fell 3% immediately in premarket trading after the news, which was unexpected. McMillon is 59 years old. McMillon’s retirement is effective Jan. 31, 2026. Furner will start as CEO the next day. During McM ...
X @Bloomberg
Bloomberg· 2025-11-14 13:16
Walmart said Chief Executive Officer Doug McMillon will retire in February and be replaced by John Furner. https://t.co/EfoeyH9Y2I ...
Walmart CEO Doug McMillon to Retire
WSJ· 2025-11-14 13:15
John Furner will succeed Doug McMillon as president and chief executive of the retail giant. ...
Walmart CEO Doug McMillon to retire in January
CNBC· 2025-11-14 13:11
Core Insights - Doug McMillon, CEO of Walmart Inc., spoke at the 2024 CES event in Las Vegas, highlighting the company's strategic initiatives and innovations in retail technology [1] Company Overview - Walmart is focusing on enhancing customer experience through technology integration and digital transformation [1] - The company aims to leverage data analytics and artificial intelligence to optimize supply chain management and inventory control [1] Industry Trends - The retail industry is increasingly adopting advanced technologies to meet changing consumer demands and improve operational efficiency [1] - There is a growing emphasis on sustainability and ethical sourcing within the retail sector, aligning with consumer preferences [1]
Walmart CEO Doug McMillon to retire, insider John Furner named top boss
Reuters· 2025-11-14 13:09
Walmart said on Friday that CEO Doug McMillon will retire next year and will be replaced by insider John Furner as the new top boss. ...
Walmart Announces John Furner as President and Chief Executive Officer
Businesswire· 2025-11-14 13:04
Core Points - Walmart Inc. has announced the appointment of John Furner as the new President and Chief Executive Officer, effective February 1, 2026, succeeding Doug McMillon, who will retire on January 31, 2026 [1][2] - Furner has been with Walmart for over 30 years, starting as an hourly associate and holding various leadership roles, including President and CEO of Walmart U.S. since 2019 [3][4] - Doug McMillon has been credited with leading a comprehensive transformation of Walmart during his tenure, focusing on associate investment, digital capabilities, and supply chain modernization, resulting in strong financial performance [4] Leadership Transition - John Furner is recognized as the right leader to guide Walmart into its next growth phase, with a strong understanding of the business across all segments [3] - McMillon will remain on the Board of Directors until the next annual shareholders' meeting and will assist Furner during the transition [2][5] - Furner expressed gratitude for the trust placed in him and emphasized a commitment to innovation and serving customers in a new retail era [4] Company Overview - Walmart Inc. operates as a tech-powered omnichannel retailer, serving approximately 270 million customers weekly across over 10,750 stores and eCommerce platforms in 19 countries [6] - The company reported fiscal year 2025 revenue of $681 billion and employs around 2.1 million associates globally [6]