Doug McMillon to Retire as Walmart CEO in 2026; John Furner Tapped as Successor in AI-Focused Transition
Walmart has announced a major leadership shake-up at the top of the world’s largest retailer: long‑time chief executive Doug McMillon will retire next year and hand the reins to John Furner, currently president and CEO of Walmart U.S. Reuters+2Business Wire+2 The move marks the most significant leadership transition at Walmart in more than a decade and comes as the company leans hard into artificial intelligence, omnichannel retail and global growth — all while navigating political pressure over prices and tariffs. Axios+1 What Walmart Announced Today According to the company’s press release and multiple financial news outlets, Walmart’s board has approved