The torch is being passed at Walmart Inc.

John Furner, 51, who has run the company’s namesake division in the U.S. since 2019, will become president and chief executive officer of the whole company on Feb. 1.

He succeeds Doug McMillon , 59, who is retiring after 11 years in the top job, when he proved to be a transformational leader, steering the dominant brick and mortar retailer into a new age and setting it up to compete head-to-head with Amazon.

“John Furner is the right leader to guide Walmart into our next chapter of growth and transformation,” said Greg Penner, the retailer’s chairman. “After starting as an hourly associate and being with us for over 30 years in a variety of leadership roles across all three of our operating segments, John understands every dimension of our

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