On Feb. 1, the start of Wal-Mart’s current fiscal year, Doug McMillon succeeded Mike Duke as chief executive of the world’s largest company. For the previous five years, he had been president and CEO of Wal-Mart International, which has more than 6,400 stores and nearly 800,000 associates in 26 countries outside the United States.
From 2006 to 2009, he served as president and chief executive officer of Sam’s Club, an operating segment of Wal-Mart, with sales of more than $46 billion annually during his tenure. Originally from Jonesboro, he started out as an hourly summer associate in a Wal-Mart distribution center in 1984. In 1990, while pursuing his MBA, he rejoined the company as an assistant manager in a Tulsa Walmart store before moving to merchandising as a buyer trainee.
He serves on the boards of directors for Wal-Mart Stores Inc., the Consumer Goods Forum, Enactus and Crystal Bridges Museum of American Art. He previously served on the boards of directors of the U.S. China Business Council and Wal-Mart Mexico. He has been recognized as a Young Global Leader by the World Economic Forum.
Arkansas Business Staff
- Wall Street Journal: Bank of the Ozarks Fills Loan Void in Big Markets
- Video: Watch Asa Hutchinson, Leslie Rutledge Speak at the Republican National Convention
- Video: Watch Tom Cotton's Republican National Convention Speech
- Gatehouse Shake-Up Ousts Two Arkansas Publishers 13 hours ago
- Johnny Allison Plays Market for Gains After Brexit 'Bank Sale' 4 days ago
- Lawyer Drops Appeal of Ethics Decision on Arkansas Treasurer 1 day ago
- Maria Markham Recommended as New Director of Department of Higher Education 1 day ago
- Creditors Force Sale of Walter Quinn's Aspen Condo 4 days ago