Photo Credit: itnewsafrica.com

Now, McMillon isn’t just another corporate leader — he’s the man who helped Walmart shake off its old “budget/ghetto retailer” reputation and emerge as a legitimate e-commerce giant.

Under his leadership since 2014, the company has gone from bargain-bin branding to standing head-to-head with Amazon. (Not bad for someone who started as a store associate, btw!)

Don’t believe it? Check the numbers yourself, which speak loudly.

Walmart’s profits surged both in the US and abroad, and the stock has skyrocketed — up roughly 300% since he took over. And his rise from the shop floor to the C-suite is one of those rare corporate stories that actually feels inspiring. We love to see these success stories! 😊

John Furner, the current CEO of Walmart’s US operations, is next in line, and the reaction has been largely positive.

Furner’s known for being sharp, tech-forward, and heavily involved in building out Walmart+, which has become a key part of the company’s digital ecosystem.

Some analysts think he’s exactly the kind of leader Walmart needs right now as the retail world leans deeper into AI, predictive analytics, and automation. 🥂

So, a steady hand with a tech brain? That’s a strong combo when competition is fierce and innovation is basically a survival skill.

As for who’ll replace Furner in his current role? That’s still a mystery — Walmart hasn’t given even a hint yet but you’ll hear it here first!

Even though he’s retiring from the CEO position, McMillon isn’t ghosting the company outright.

According to the official statment, he’s staying on the board until next summer and will continue advising Furner through 2027.

But after that? Another mystery. He hasn’t said anything about his post-retirement agenda so far.

Walmart’s (WAT) stock dipped slightly on Friday right after the announcement (not surprising for a CEO transition, to be fair), but it’s already bounced back. Investors seem confident that the next chapter will definitely be a moment of a new evolution for the retailer.