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NRF to Give Doug McMillon ‘Visionary’ Award

2 min read

The National Retail Federation on Thursday named Wal-Mart Stores Inc. President and CEO Doug McMillon as the 2018 recipient of its “Visionary” award.

The group gives the award each year to an outstanding retail industry leader. McMillon will receive the award during its  NRF Foundation Gala on Jan. 14 in New York City.

“From risk-taking acquisitions like Jet.com to investing in the future of the industry by prioritizing workforce solutions and spearheading initiatives that empower businesses to be a force for good, Doug McMillon’s leadership has kept Walmart at the forefront of innovation,” NRF President and CEO Matthew Shay said in a news release. “Doug McMillon is a homegrown talent at Walmart who has spent his entire career rotating through different roles to better understand the business. His diversity in experience has created a leader who ensures that the world’s largest company remains a pioneer that sets the pace for retailers around the world.”

McMillon became CEO of the world’s largest retailer in 2014. The Jonesboro native is a 1989 graduate of the University of Arkansas Sam M. Walton College of Business, which is named for the late founder of Wal-Mart.

“We strive to be a purpose-driven company, and we work to make every day easier for busy families,” McMillon said. “This is an exciting time to be in retail as customers are more connected than ever. We’re having fun thinking of new and innovative ways to serve them and to save them not only money, but time.”

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