Walmart is embarking on a new phase of transformation with the appointment of John Furner as CEO, effective February 1, 2026. The American giant's Board of Directors has officially elected the 51-year-old executive, currently at the helm of Walmart US, as successor to Doug McMillon, who will retire on January 31, 2026, after more than a decade at the helm of the company. McMillon will remain on the Board until the annual shareholders' meeting and will continue to support Furner as an advisor through fiscal 2027, ensuring a seamless transition.
According to Board Chairman Greg Penner, Furner is “the right leader to lead Walmart into its next chapter of growth and transformation,” drawing on thirty years of experience, starting as an hourly associate in 1993. “He understands every dimension of our business—from sales to global strategy—and has demonstrated the ability to deliver results while staying true to our values.”
The transition marks the end of the McMillon era, a key figure in the group's modernization: digitalization, e-commerce, supply chain, associate centricity, and solid financial performance are among his most notable legacies. "Serving as CEO has been a great honor," he said. "John is deeply connected to our culture and is the right person to lead Walmart in its new AI-driven transformation."
Furner, who has led the company's largest segment with over 4.600 stores since 2019, is known for his collaborative style and strong focus on digital innovation. He led Walmart US's growth during years marked by rapid change, strengthening engagement, operational efficiency, and new omnichannel services. He previously led Sam's Club and held international positions, strengthening its global profile.
“We are entering a new era of retail fueled by innovation and AI,” Furner commented. “Our purpose and our people will continue to guide us as we seek new ways to serve our customers and communities.” The change comes amid a rapid technological acceleration for Walmart, which is integrating generative AI, automation, and predictive models across all key functions, from assortment decisions to customer service. The group, with 2025 revenues of $681 billion and 2,1 million employees worldwide, aims to consolidate its leadership in omnichannel and tech-powered retail. The Board will announce Furner's successor at the helm of Walmart US by the end of FY2026, as the multinational prepares the groundwork for a new strategic phase in which AI, operational efficiency, and a people-centric approach will be the cornerstones of the next decade.
