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Walmart Inc. CEO succession coming in February
November 20, 2025
Walmart Inc. CEO Doug McMillon will retire on January 31, 2026 and John Furner will take the helm as president and CEO as of Feb. 1, 2026.
McMillon will remain on the board of directors through June 2026 to help with the leadership change, according to a New York Times report.
Furner, 51, has served as president and CEO of Walmart U.S. since 2019. His Walmart tenure began 32 years ago when he was hired as an hourly store associate.
"John Furner is the right leader to guide Walmart into our next chapter of growth and transformation," Greg Penner, chairman of Walmart Inc., said in a press release. "After starting as an hourly associate and being with us for over 30 years in a variety of leadership roles across all three of our operating segments, John understands every dimension of our business — from the sales floor to global strategy. He has proven that he can deliver results while living our values. John's six-year leadership of our Walmart U.S. business during a time of rapid change, marked by digital acceleration and strong associate engagement, has positioned us for continued success.
Walmart plans to make an announcement on Furner's successor as CEO of Walmart U.S. before the end of fiscal year 2026.
