Walmart CEO Doug McMillon to retire in January and US operations chief John Furner will take over

Associated Press

Associated Press

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Tags: John Furner, Doug McMillon

Walmart-CEO FILE - Walmart CEO Doug McMillon speaks at the Opportunity Summit Thursday, Sept. 25, 2025, in Bentonville, Ark. (AP Photo/Charlie Riedel, File) (Copyright 2025 The Associated Press. All rights reserved) (Charlie Riedel/AP)

NEW YORK (AP) — Walmart CEO Doug McMillon will retire in January, the retailer announced on Friday.

The company said that John Furner, head of U.S. operations and a longtime insider, will take over.

McMillon’s retirement is effective Jan. 31, 2026. Furner will start as CEO the next day.

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