Walmart reveals company shifts as it names John Furner as President and Chief Executive Officer of Walmart, Inc. Along with the position change, Furner will also join the company’s board of directors.
Starting as an hourly associate in 1993, Furner has since advanced within the company, holding leadership roles across merchandising, operations, and sourcing. Now, he will serve as the President and CEO of Walmart U.S., with his new position effective Feb. 1, 2026. Furner will succeed Doug McMillon, who will retire from the company on Jan. 31, 2026Â
For a smooth transition process, Walmart will have McMillon on the Board of Directors until the next annual shareholders’ meeting in June. Additionally, McMillon will act as an advisor to Furner throughout FY2027. The company will release an announcement on Furner’s successor as CEO of Walmart U.S. before the end of FY2026.
“I 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’m grateful to Doug for his leadership and mentorship, and the foundation that is built for our future,” Furner says. “As we enter a new retail era fueled by innovation and AI, our purpose and our people will continue to guide us. Together, we’ll find new ways to serve customers, support our associates, and strengthen the communities we call home.”
For more information, visit walmart.com/corporate.Â
