Executive Suite is sponsored by Robin Russell Executive Search.
- Walmart apparently won't be looking for a new CEO anytime soon.
The Wall Street Journal reports that Walmart CEO Doug McMillon has indicated that he plans to remain in the role for at least three more years.
According to the story, "His plans to stay in the role for more than a decade will extend the company’s timeline for finding its next leader, the people said.
"In recent years, Walmart has elevated several executives into roles that made them likely successors to Mr. McMillon, including U.S. CEO John Furner, 48, and International CEO Judith McKenna, 56.
"Kathryn McLay, 49, the head of Sam’s Club, Walmart’s warehouse chain, is also among those seen as potential candidates, said these people, as well as a more junior generation of executives."