Who will replace Walmart CEO Doug McMillon as he prepares to retire?

Walmart CEO Doug McMillon is set to retire in January after more than a decade at the helm of the world’s largest retailer.

During his tenure, he led major expansions in e-commerce, modernized the supply chain, and strategically scaled back less profitable international operations, leaving the company stronger and more agile.

John Furner, a longtime Walmart executive who has led the company’s US business since 2019, will take over as CEO.

Furner helped navigate the company through pandemic-related supply chain challenges and recent tariff changes, playing a key role in sustaining growth and competitiveness.

McMillon will remain on Walmart’s board through June 2026 and serve as an adviser to ensure a smooth transition.

The leadership change comes as Walmart continues to grow, with online sales increasingly driving the company’s performance and shaping its future strategy.