Walmart CEO Doug McMillon To Step Down After Decade Of Transforming Retail

Walmart CEO Doug McMillon will retire in February 2026 after more than a decade leading the world’s largest retailer. He will be succeeded by John Furner, the current head of Walmart’s U.S. operations.

John Furner will become Walmart’s CEO on February 1, 2026, succeeding Doug McMillon who will retire January 31, 2026 but stay on the Board through June and as an advisor through January 31, 2027. https://t.co/JFoMW47gzF pic.twitter.com/6MY2yfWmNj

— Walmart News (@WalmartNews) November 14, 2025

The leadership shift comes as the retail sector faces pressure from tariffs and weakening consumer sentiment, though Walmart has weathered the turbulence better than most competitors.

Under McMillon, Walmart expanded its supply-chain dominance, strengthened its grocery business, and transformed into a major e-commerce rival to Amazon. Walmart+ also emerged as a key subscription growth engine.

Doug McMillon, Walmart's CEO for just over a decade, is retiring next year, the company says https://t.co/0ODNKzvXJR

— CNN (@CNN) November 14, 2025

McMillon’s tenure included ambitious — and sometimes unsuccessful — acquisitions, such as Jet.com and upscale brands like Bonobos. He also pushed policy changes on gun sales after the 2019 El Paso shooting and spoke against President Trump’s tariffs.

Walmart stock has risen roughly 300% since he became CEO in 2014. Furner, a longtime company executive, is expected to continue the retailer’s digital and operational overhaul.

Also read:

Disney Shares Sink After Revenue Slip Despite Strong Streaming Growth

Disney reported mixed fiscal fourth-quarter results Thursday, beating earnings expectations but missing Wall Street’s revenue forecast. Shares fell roughly 6 percent in premarket trading as the company’s entertainment business continued to struggle. The Walt Disney Company, $DIS, Q4-25. Results: 📊 Adj. EPS: $1.11 🟢 💰 Revenue: $22.5B 🔴 📈 Net Income:

tippinsightsTIPP Staff

AI Safety Push Grows As States, OpenAI, And Microsoft Team Up

Two state attorneys general have launched a new bipartisan task force aimed at setting basic safety standards for artificial intelligence. North Carolina’s Jeff Jackson, a Democrat, and Utah’s Derek Brown, a Republican, announced the AI Task Force on Monday, with OpenAI and Microsoft joining as founding partners. The

tippinsightsTIPP Staff

Jeff Bezos’ Blue Origin Targets Mars As New Glenn Rocket Faces Its Biggest Test Yet

Jeff Bezos’ Blue Origin is preparing for the most important launch in its history as the New Glenn rocket attempts to carry two NASA satellites toward Mars. The mission, called Escapade, marks the rocket’s first customer payload and its second flight overall. NG-2 Update: We are scheduled to launch

tippinsightsTIPP Staff