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Walmart CEO McMillon to retire after a decade, insider Furner named successor

15 November 2025, 2:57 pm

1 min read

President and CEO of Walmart Doug McMillon takes part in a strategic and policy CEO discussion in Washington, U.S., April 11, 2017. REUTERS/Joshua Roberts

Reuters beat competition to Red Alert news that retail giant Walmart’s CEO Doug McMillon would step down and be replaced by company veteran John Furner. The company’s shares fell as much as 4% before paring losses.