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Doug McMillon replaced Mike Duke in 2014 to become the fifth and youngest CEO of Walmart. Under his direction, the retail giant Walmart.com witnessed heavy profits in its online sales while giving steep competition to players like Amazon. As a member of Board of Directors and CEO of Walmart, Doug McMillon has been able to win the confidence of its investment community and customers. He is chasing down mammoth deals, strategizing operations, and forging relationships with employees. One of the recent feats of Walmart CEO Doug McMillon is the acquisition of majority stake in India’s leading retail giant Flipkart at a valuation of 21 billion USD. With this fresh deal, Walmart is now all set to take Amazon head on in Indian terrain. In November 2019 Walmart CEO expressed excitement at the growth that the company was achieving in India through its Indian subsidiaries. Scroll down the wiki for the CEO’s age, net worth, email address details.
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Salary & Net Worth – Investors, Funding, & Valuation
The President and CEO of Walmart, Douglas McMillon earned a compensation of around 22.8 million USD in the Company’s financial year closing on January 31, 2017. His pay included base salary, benefits, perks, in-house facilities, and bonus.
His net worth details will be shared soon.
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McMillon began his career with Walmart. He became the CEO at Wal-Mart Stores, Inc in 2014. Before that, he headed the International Division of the company from 2009 to 2013, focusing on the performance of the market in the US, the UK, Canada and China. On August 4, 2005, he was made the President and CEO of Sam’s Club, a wholesale store unit of the company. Prior to that, he did a buyer-training program with Walmart and functioned as a buyer and a merchandiser in various roles. But long before that, in 1984, he joined the company as a Summer Associate, where his job involved emptying trucks in distribution center.
Doug did his graduation from University of Arkansas in 1989 and in 1990 he went to University of Tulsa, Oklahoma to study MBA.
To contact over email try writing to [email protected] Rest of the details will be shared soon.
Wiki Trivia on Doug McMillon – Age, Wife, Family, & More
Doug (age 54) was born on October 17, 1966 in Memphis, Tennessee. His parents Laura and Morris McMillon (Dentist) moved to Bentonville, Arkansas with their three children including McMillon, who was 16 years old then. Before Bentonville, McMillon was in Jonesboro, Arkansas. McMillon’s love for sports made him play basketball from his Bentonville High School team.
Douglas and his wife Shelley live with their two sons in Bentonville (Arkansas), which is also the home of Wal-Mart Stores, Inc.
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