{"id":2510702,"date":"2025-11-14T14:58:57","date_gmt":"2025-11-14T19:58:57","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/walmart-stock-tumbles-after-ceo-unexpectedly-announces-retirement\/"},"modified":"2025-11-14T15:01:04","modified_gmt":"2025-11-14T20:01:04","slug":"walmart-stock-tumbles-after-ceo-unexpectedly-announces-retirement","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/walmart-stock-tumbles-after-ceo-unexpectedly-announces-retirement\/","title":{"rendered":"Walmart Stock Tumbles After CEO Unexpectedly Announces Retirement"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwalmart-stock-tumbles-after-ceo-unexpectedly-announces-retirement%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2510702&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Walmart CEO doug McMillon, who has led the company as 2014 and transformed it into a <a href=\"https:\/\/amzn.to\/3YuVZYV\" >technology-driven retail giant<\/a>, announced his surprise retirement effective January 31, 2026. John Furner, a longtime Walmart executive and current head of U.S. operations,will succeed him as CEO starting February 1,2026. During McMillon&#8217;s tenure, Walmart saw <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/spains-womens-soccer-coach-fired-after-kiss-controversy\/\" title=\"Spain&#039;s women&#039;s soccer coach sacked over kiss controversy.\">notable growth<\/a> in annual revenue-from $485.7 billion to $681 billion-and its stock price rose substantially. McMillon invested heavily in employees by raising wages, expanding parental leave, and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/museum-of-natural-history-closing-native-american-exhibits-after-bidens-new-rules-kick-in\/\" title=\"Museum of Natural History to Close Native American Exhibits Following Biden&#039;s New Regulations\">supporting education programs<\/a>, while also focusing on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-marvels-at-4-50-a-gallon-gas-prices-did-you-ever-think-youd-be-paying-this-much\/\" title=\"Joe Biden Marvels at .50 a Gallon Gas Prices: &#039;Did You Ever Think You&#039;d Be Paying this Much?\">lowering prices<\/a> and integrating advanced technologies like artificial intelligence to improve both customer and worker experiences. Walmart Chairman Doug Penner praised mcmillon for driving a complete transformation that strengthened and modernized the company.Furner brings over 30 years of experience within Walmart across all its segments and is expected to continue the company&#8217;s advancement.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><\/p>\n<p>Walmart CEO Doug McMillon, who turned the nation&rsquo;s largest retailer into a tech-powered giant since taking over in 2014, will retire in January in a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/buckingham-palace-hires-outside-counsel-to-handle-meghan-markle-bullying-claims-after-duchess-demands-to-see-evidence\/\" title=\"Buckingham Palace Hires Outside Counsel To Handle Meghan Markle Bullying Claims After Duchess Demands To See Evidence\">surprise move<\/a>.<\/p>\n<p>John Furner, 51, a longtime insider and head of Walmart&rsquo;s U.S. operations, will take over, the company said Friday.<\/p>\n<p>s fell 3 percent immediately in premarket trading after the news, which was unexpected. McMillon is 59 years old.<\/p>\n<p>McMillon&rsquo;s retirement is effective Jan. 31. Furner will start as CEO the next day.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">John Furner will become Walmart&rsquo;s CEO on February 1, 2026, succeeding Doug McMillon who will retire January 31, 2026 but stay on the Board through June and as an advisor through January 31, 2027. <a href=\"https:\/\/t.co\/JFoMW47gzF\">https:\/\/t.co\/JFoMW47gzF<\/a> <a href=\"https:\/\/t.co\/6MY2yfWmNj\">pic.twitter.com\/6MY2yfWmNj<\/a><\/p>\n<p>&mdash; Walmart News (@WalmartNews) <a href=\"https:\/\/twitter.com\/WalmartNews\/status\/1989318777784152402?\">November 14, 2025<\/a><\/p>\n<\/blockquote>\n<p>  <script> console.log(\"A\/B Test Video Player\"); \/\/ Helper function to set a cookie function setVideoCookie(name, value, days) {     var expires=\"\";     if (days) {         var date=new Date();         date.setTime(date.getTime() + (days*24*60*60*1000));         expires=\"; expires=\" + date.toUTCString();     }     document.cookie=name + \"=\" + (value || \"\")  + expires + \"; 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    stnPlayer(); } <\/script> <\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>During McMillon&rsquo;s tenure as CEO, he invested heavily in its workers by increasing wages, expanding parental leave, and launching a program for certificates or degrees for employees seeking education opportunities.<\/p>\n<p>Walmart has also lowered its prices and embraced technology like artificial intelligence to improve customer and worker experiences.<\/p>\n<p>&ldquo;Over more than a decade as CEO, Doug led a comprehensive transformation by investing in our associates, advancing our digital and e-commerce capabilities, and modernizing our supply chain, resulting in sustained, robust financial performance,&rdquo; said Walmart Chairman Doug Penner, who is the son-in-law of Walmart&rsquo;s late founder Sam Walton.<\/p>\n<p>&ldquo;He leaves Walmart stronger, more innovative, and better aligned with our purpose to help people save money and live better.&rdquo;<\/p>\n<p>Penner said that Furner, who started with the company in 1993, has more than 30 years in a variety of leadership roles across all three of Walmart&rsquo;s operating segments, including six years as the head of Walmart&rsquo;s U.S. business.<\/p>\n<p>Since McMillon became CEO in February 2014, annual revenue has grown from $485.7 billion to $681 billion in its latest fiscal year.<\/p>\n<p>Its stock was hovering around $25; now it is over $102 per .<\/p>\n<p style=\"font-style: italic;\">The Western Journal has reviewed this Associated Press story and may have altered it prior to publication to ensure that it meets our editorial standards.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! 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The company announced on Friday that John Furner, 51, a veteran executive and leader of Walmart&#8217;s U.S. operations, will succeed him. Following the announcement, Walmart&#8217;s stock dropped 3 percent in premarket trading. McMillon is 59 years old and his retirement will take effect on January 31. Furner is set to begin as CEO on February 1, 2026. McMillon will remain on Walmart&#8217;s Board until June and serve as an advisor through January 31, 2027.<\/p>\n<p>During his time as CEO, McMillon focused heavily on investing in employees by raising wages, expanding parental leave benefits, and launching educational programs offering certificates or degrees for workers seeking further education. Under his leadership, Walmart also reduced prices and adopted technologies such as artificial intelligence to enhance both customer and employee experiences.<\/p>\n<p>Walmart Chairman Doug Penner praised McMillon for leading a thorough transformation over more than ten years by investing in associates, advancing digital commerce capabilities, and modernizing the supply chain-efforts that contributed to strong financial results. Penner added that Furner brings over three decades of experience across all of Walmart&#8217;s business segments since joining the company in 1993.<\/p>\n<p>Since McMillon took charge in February 2014, annual revenue has increased from $485.7 billion to $681 billion most recently; meanwhile stock prices have risen from around $25 to over $102 per share<\/p>\n","protected":false},"author":1,"featured_media":2510703,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/11\/f822999042b14ae89a1fe621e5405fde-scaled.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[67101,35133,11489],"class_list":["post-2510702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-ceo-retirement","tag-stock-market","tag-walmart"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/11\/f822999042b14ae89a1fe621e5405fde-scaled.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2510702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2510702"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2510702\/revisions"}],"predecessor-version":[{"id":2510706,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2510702\/revisions\/2510706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2510703"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2510702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2510702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2510702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}