Subscribe Register Login

Wednesday, April 16, 2014, 3:05 a.m.
Top Picks - Mobile App

Wal-Mart taps McMillon as new CEO

By ArkansasOnline

This article was originally published November 25, 2013 at 7:49 a.m. Updated November 25, 2013 at 4:01 p.m.

Doug McMillon Named President and CEO of Wal-Mart International. (PRNewsFoto/Wal-Mart Stores, Inc.)

Mike Duke.

Wal-Mart Stores Inc. on Monday said its board of directors has named Doug McMillon to succeed Mike Duke as president and chief executive officer.

McMillon, 47, will take over Feb. 1 for Duke, 63, who has led the company since February 2009, the company said.

McMillon was also elected to the Bentonville-based retailer's board of directors, effective immediately, Wal-Mart said in a statement.

"This leadership change comes at a time of strength and growth at Walmart," Wal-Mart board of directors Chairman Rob Walton said. "The company has the right strategy to serve the changing customer around the world, and Doug has been actively involved in this process. The company has a strong management team to execute that strategy."

Duke will stay on as chairman of the executive committee of the board and as an adviser to McMillon for one year, the company said. The company plans to announce McMillon's successor as CEO of Walmart International by the end of the fiscal year, it said.

Read tomorrow's Arkansas Democrat-Gazette for full details.

Comments on: Wal-Mart taps McMillon as new CEO

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.


  • Accountingassistant

    accounting coordinatorgeneral ledger accounting, AP/AR, tax ...

  • Coach/teacher

    The Highland School District for an Assistant Girls Basketba...

  • Agriculture

    agricultureroyal C Farms, LLC, Crossett, AR is now hiring 75...

  • Executive director

    Arkansas Board of Examiners in Counseling is seeking: execut...

  • Lpns

    , part time Saturday & Sunday, 7-3 & 3-11Apply in person at:...

Search 733 jobs >

Top Picks - Mobile App
Arkansas Online