Walmart CEO Doug McMillon to retire in January and US operations chief John Furner will take over

NEW YORK (AP) — Walmart CEO Doug McMillon will retire in January, the retailer announced on Friday.

The company said that John Furner, head of U.S. operations and a longtime insider, will take over.

McMillon’s retirement is effective Jan. 31, 2026. Furner will start as CEO the next day.