Walmart Appoints John Furner as New CEO and President
Walmart Inc. has appointed John Furner as its new CEO and President, following Doug McMillon’s retirement. This strategic move is aimed at guiding the company into its next phase of growth and technological transformation, effective February 1, 2026.
Leadership Transition at Walmart
John Furner, 51, will take the helm of the world’s largest retailer as McMillon, 59, plans to retire on January 31, 2026. Furner has also been elected to the company’s Board of Directors immediately.
Background on John Furner
- Experience: Furner has worked at Walmart for over 30 years, starting as an hourly associate in 1993.
- Current Role: He has served as President and CEO of Walmart U.S. since 2019.
- Previous Positions: He held various leadership roles in merchandising, operations, and sourcing, and led Sam’s Club U.S.
- Store Management: Oversaw more than 4,600 stores across the United States.
Vision for the Future
The chairman of Walmart Inc., Greg Penner, praised Furner’s deep understanding of the business from sales to global strategy. He emphasized that Furner is well-prepared to lead Walmart during a period marked by rapid digital transformation and associate engagement.
Both Furner and McMillon expressed mutual respect, with McMillon acknowledging Furner’s potential to drive success in an AI-driven market. Furner highlighted his commitment to enhancing customer service, supporting associates, and engaged community initiatives.
Doug McMillon’s Legacy
During his decade-long tenure, McMillon led Walmart through significant transformation. His initiatives included:
- Investing in associate development.
- Advancing digital and eCommerce capabilities.
- Modernizing supply chain processes.
McMillon will remain on the Board until June and will serve as an advisor to Furner until the end of FY2027 to ensure a smooth transition. An announcement regarding Furner’s successor at Walmart U.S. is expected before FY2026 concludes.
This transition marks a pivotal moment for Walmart as it continues to adapt to the demands of modern retail through innovation and effective leadership.
