Walmart(US:WMT) Cai Jing Wang·2025-11-15 01:37Core Points - Walmart announced the election of John Furner as the new President and CEO, effective February 1, 2026, succeeding Doug McMillon [1] - Furner has been the President and CEO of Walmart U.S. since 2019 and has a long history with the company, starting as an hourly worker in 1993 [1] - Doug McMillon will retire on January 31, 2026, but will remain a board member until the next annual shareholders' meeting to ensure a smooth transition [1] Company Overview - John Furner, age 51, has been appointed as the new CEO and will also serve as a board member immediately [1] - The leadership transition is planned to maintain stability within the company during the change [1] - Furner's previous roles included various leadership positions in sales, operations, and procurement at Walmart [1]