Walmart CEO Doug McMillon to step down after more than a decade in role

Walmart chief executive Doug McMillon speaks at CES in Las Vegas, Nevada, on 9 January 2024.Photograph: David Paul Morris/Bloomberg via Getty Images Walmart CEO Doug McMillon will retire next year after more than a decade in charge of one of the world’s largest retailers. John Furner, the chain’s boss in the US, will succeed McMillion as the Bentonville, Arkansas-based grocery retailer’s global CEO after 31 January. Shares in Walmart fell about 3% during premarket trading. Walmart employs 2.1 million wor ...