{"id":910173,"date":"2025-11-14T08:52:18","date_gmt":"2025-11-14T13:52:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/walmart-announces-john-furner-as-president-and-chief-executive-officer\/"},"modified":"2025-11-14T08:52:18","modified_gmt":"2025-11-14T13:52:18","slug":"walmart-announces-john-furner-as-president-and-chief-executive-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/walmart-announces-john-furner-as-president-and-chief-executive-officer\/","title":{"rendered":"Walmart Announces John Furner as President and Chief Executive Officer"},"content":{"rendered":"

<\/p>\n

Walmart Announces John Furner as President and Chief Executive Officer<\/b><\/p>\n

BENTONVILLE, Ark.–(BUSINESS WIRE<\/a>)–
\nWalmart Inc. (NYSE: WMT) today announced that its Board of Directors has elected John Furner, 51, to succeed Doug McMillon, 59, as President and Chief Executive Officer of Walmart Inc., effective February 1, 2026. Furner was also elected to the company\u2019s Board of Directors, effective immediately. McMillon will retire on January 31, 2026, but remain on the Board of Directors until the next annual shareholders\u2019 meeting and help ensure a smooth transition.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20251113410480\/en\/<\/a><\/p>\n

\"Walmart<\/p>\n

Walmart Announces John Furner as President and Chief Executive Officer – John Furner (left) will succeed Doug McMillon (right) as President and Chief Executive Officer of Walmart Inc., effective February 1, 2026. McMillon will retire on January 31, 2026, but remain on the Board of Directors until the next annual shareholders\u2019 meeting and help ensure a smooth transition.<\/p>\n<\/div>\n

\n\u201cJohn Furner is the right leader to guide Walmart into our next chapter of growth and transformation,\u201d said Greg Penner, Chairman of Walmart Inc. \u201cAfter 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 \u2013 from the sales floor to global strategy. He has proven that he can deliver results while living our values. John\u2019s 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.<\/p>\n

\nOn behalf of the Board, I want to thank Doug McMillon for his extraordinary leadership and incredible impact he has had on our company. Our family and Board have stated many times that Doug was uniquely qualified to be CEO at the necessary time for Walmart. Over more than a decade as CEO, Doug led a comprehensive transformation by investing in our associates, advancing our digital and eCommerce capabilities, and modernizing our supply chain, resulting in sustained, robust financial performance. He leaves Walmart stronger, more innovative, and better aligned with our purpose to help people save money and live better.\u201d<\/p>\n

\nMcMillon said, \u201cServing as Walmart\u2019s CEO has been a great honor and I\u2019m thankful to our Board and the Walton family for the opportunity. I\u2019m incredibly proud of what our associates accomplished and deeply grateful for their commitment to our customers, to each other and to the communities we serve. Thank you, everyone! I\u2019ve worked with John for more than 20 years. His love for our associates and this company runs deep. His curiosity and digital acumen combined with a deep commitment to our people and culture will enable him to take us to the next level. He\u2019s uniquely capable of leading the company through this next AI-driven transformation. He\u2019s a merchant, an operator, an innovator, and a builder. I know that our future is bright with his leadership.\u201d<\/p>\n

\nFurner said, \u201cI am deeply honored by the trust the Board and family have placed in me to lead Walmart, a company that has shaped my life and so many others. I\u2019m grateful to Doug for his leadership and mentorship and the foundation that is built for our future. As we enter a new retail era fueled by innovation and AI, our purpose and our people will continue to guide us. Together, we\u2019ll find new ways to serve customers, support our associates, and strengthen the communities we call home.\u201d<\/p>\n

\nFurner has served as President and CEO of Walmart U.S. since 2019, overseeing the company\u2019s largest operating segment and its more than 4,600 stores. He began his Walmart career as an hourly associate in 1993 and has held leadership roles across merchandising, operations and sourcing. He has lived and worked in multiple countries and served as President and CEO of Sam\u2019s Club U.S. Known for his collaborative leadership style, Furner has championed associate development, digital innovation, and operational excellence throughout his tenure.<\/p>\n

\nAs the company has done with previous CEO transitions, McMillon will stay on the Board until June, in addition to staying on as an advisor to Furner through FY2027. The company plans to make an announcement on Furner\u2019s successor as CEO of Walmart U.S. before the end of FY2026.<\/p>\n

About Walmart<\/b><\/p>\n

\nWalmart Inc. (NYSE: WMT) is a people-led, tech-powered omnichannel retailer helping people save money and live better \u2014 anytime and anywhere \u2014 in stores, online, and through their mobile devices. Each week, approximately 270 million customers and members visit more than 10,750 stores and numerous eCommerce websites in 19 countries. With fiscal year 2025 revenue of $681 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com<\/a>, on Facebook at facebook.com\/walmart<\/a>, on X (formerly known as Twitter) at twitter.com\/walmart<\/a>, and on LinkedIn at linkedin.com\/company\/walmart<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251113410480\/en\/<\/a><\/span><\/p>\n

\nMedia Contact:
\n
Press@walmart.com
\n<\/a>
(800) 331-0085
\n
https:\/\/corporate.walmart.com\/news\/contact-media-relations<\/a><\/p>\n

KEYWORDS:<\/b> Arkansas United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Home Goods Retail Construction & Property Footwear Other Retail Discount\/Variety Department Stores Supermarket Specialty Lifestyle Food\/Beverage Consumer Fashion Other Construction & Property Toys<\/p>\n

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Walmart Announces John Furner as President and Chief Executive Officer – John Furner (left) will succeed Doug McMillon (right) as President and Chief Executive Officer of Walmart Inc., effective February 1, 2026. McMillon will retire on January 31, 2026, but remain on the Board of Directors until the next annual shareholders\u2019 meeting and help ensure a smooth transition.<\/font><\/td>\n<\/tr>\n
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John Furner announced as President and Chief Executive Officer of Walmart Inc. Furner has served as President and CEO of Walmart U.S. since 2019, overseeing the company\u2019s largest operating segment and its more than 4,600 stores. He began his Walmart career as an hourly associate in 1993 and has held leadership roles across merchandising, operations, and sourcing.<\/font><\/td>\n<\/tr>\n
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John Furner has served as President and CEO of Walmart U.S. since 2019. He has lived and worked in multiple countries and served as President and CEO of Sam\u2019s Club U.S. Known for his collaborative leadership style, Furner has championed associate development, digital innovation, and operational excellence throughout his tenure.<\/font><\/td>\n<\/tr>\n
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Walmart Announces John Furner as President and Chief Executive Officer BENTONVILLE, Ark.–(BUSINESS WIRE)– Walmart Inc. (NYSE: WMT) today announced that its Board of Directors has elected John Furner, 51, to succeed Doug McMillon, 59, as President and Chief Executive Officer of Walmart Inc., effective February 1, 2026. Furner was also elected to the company\u2019s Board of Directors, effective immediately. McMillon will retire on January 31, 2026, but remain on the Board of Directors until the next annual shareholders\u2019 meeting and help ensure a smooth transition. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20251113410480\/en\/ Walmart Announces John Furner as President and Chief Executive Officer – John Furner (left) will succeed Doug McMillon (right) as President and Chief Executive … <\/p>\n

Continue reading “Walmart Announces John Furner as President and Chief Executive Officer”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-910173","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWalmart Announces John Furner as President and Chief Executive Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/walmart-announces-john-furner-as-president-and-chief-executive-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Walmart Announces John Furner as President and Chief Executive Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Walmart Announces John Furner as President and Chief Executive Officer BENTONVILLE, Ark.–(BUSINESS WIRE)– Walmart Inc. 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