Walmart CEO Doug McMillon is stepping down after more than a decade in his role. The announcement was made on Friday, November 14, 2025.
McMillon has led the company since 2014, overseeing significant changes and developments during his tenure. His departure marks the end of an era for the retail giant, which has navigated various challenges in the evolving retail landscape.
Walmart has been adapting to recent developments in the economy, including shifts towards technology and automation, as seen in other sectors such as banking, where Dutch banks are cutting thousands of jobs as they adopt AI.
Further details regarding McMillon"s successor or the reasons for his departure have not been disclosed at this time.
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