John Furner will Walmart leadership change as of February 1, 2026. Furner is currently CEO and president of Walmart US, the retailer’s largest operating segment. Doug McMillon steps down and Furner have each been with the company for over 30 times, working their way up the graduation in a variety of places.

The shakeup comes as the retail assiduity faces an uncertain terrain, with high tariffs and consumers continuing to be conservative with their wallents. Walmart, under McMillon’s watch, has managed to largely avoid the larger pain points that have impacted its peers. In part, its unbeatable supply chain and grocery dominance has enabled it to continue to provide low prices on essentials that has successfully attracted a broad customer base. For example, Walmart most recently noted that its fastest-growing demographic of customers are households making over $100,000 per year.

Walmart CEO resignation also oversaw Walmart’s entry into the e-commerce game, building out its online business into a serious alternative to Amazon and driving high growth. As part of this expansion, McMillon developed and grew Walmart+, the retailer’s subscription service that has been put forth as an emerging competitor to Amazon Prime.

In addition to Walmart, McMillon has also served as chairman of the Business Roundtable, a D.C.-based advocacy group that represents the top executives of nearly 200 major American companies, for two years.

Doug McMillon successor as known to make strong policy changes at Walmart in key moments. In 2019, after a mass firing at a Walmart store in El Paso, Texas, that left 22 people dead, McMillon blazoned that the retailer would no longer vend handgun security and the security generally used in military- style assault munitions, and asked guests to no longer openly carry ordnance in its stores.