Walmart CEO Doug McMillon is retiring after an 11-year tenure that transformed the company. He will be succeeded by John Furner. McMillon’s legacy is defined by a 310% stock growth and tripling brand value. He pivoted Walmart from a “depressed” retailer into a tech-enabled logistics giant by mastering the omnichannel model (merging stores with e-commerce), launching high-margin businesses like Walmart+ and advertising, and investing heavily in employee wages and supply chain automation.
