Doug McMillon is set to retire as Walmart CEO on Jan. 31, 2026. His career at the company started in 1984 as a high school student unloading trucks.

John Furner, currently head of Walmart’s U.S. operations, will succeed McMillon as president and chief executive officer starting February 1, 2026.

The longtime CEO will be succeeded by John Furner, the Walmart U.S. CEO, on Feb. 1.Both changes take effect then.