Walmart names John Furner as new president and CEO

US retail concatenation Walmart has appointed John Furner arsenic its adjacent president and CEO, effectual from 1 February 2026.

Furner volition regenerate Doug McMillon, who has been astatine the helm since 2014.

McMillon volition measurement down connected 31 January 2026 and enactment connected the committee until June, acting arsenic an advisor to Furner done FY2027.

Furner has besides joined the retailer’s committee of directors with contiguous effect.

Furner stated: “I americium profoundly honoured by the spot the committee and household person placed successful maine to pb Walmart, a institution that has shaped my beingness and truthful galore others. I’m grateful to Doug for his enactment and mentorship and the instauration that is built for our future.

“As we participate a caller retail epoch fuelled by innovation and AI, our intent and our radical volition proceed to usher us. Together, we’ll find caller ways to service customers, enactment our associates and fortify the communities we telephone home.”

Furner has worked arsenic president and CEO of Walmart US since 2019, managing much than 4,600 stores.

He joined the institution successful 1993 arsenic an hourly subordinate and has held elder positions crossed merchandising, operations and sourcing successful aggregate countries, including those of president and CEO of Sam’s Club US.

Walmart volition denote Furner’s successor arsenic CEO of Walmart US earlier the extremity of FY2026.

Walmart president Greg Penner stated: “John Furner is the close person to usher Walmart into our adjacent section of maturation and transformation. After starting arsenic an hourly subordinate and being with america for implicit 30 years successful a assortment of enactment roles crossed each 3 of our operating segments, John understands each magnitude of our concern – from the income level to planetary strategy.”

The retailer operates much than 10,750 stores and e-commerce sites crossed 19 countries, with FY2025 gross of $681bn and a workforce of 2.1 million.

Walmart has introduced a scope of AI-powered buying features connected its mobile app successful mentation for the 2025 vacation season.

The company’s latest updates included AI-generated buying lists, store-specific savings recommendations and improved navigation features showing the nonstop in-store determination of products.

"Walmart names John Furner arsenic caller president and CEO " was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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