Surprise decision for Walmart, which opted for a top management reshuffle. Doug McMillon will lead the large-scale distribution giant from February XNUMXst, whose appointment is effective immediately.
As stated in a statement from the company, McMillon, 47 years old and current number one in the international business, takes the place of the outgoing Mike Duke. "This leadership change comes at a time of strength and growth for the company," said Robert Walton, chairman of the board.
"The company's strategy is to serve the best interests of customers worldwide, which is changing, and Doug has been actively involved in this process," it reads. “Our strategy gives me reason to be optimistic about the future of the company. By delivering on our promises to consumers, we increase value and create growth opportunities,” commented McMillon.
