C. Douglas McMillon has been leading Walmart as its CEO since 2014. He actually started working at Walmart in 1990 when he was still in college. Over the years, he climbed the ranks, holding different top positions like running Sam's...
C. Douglas McMillon has been leading Walmart as its CEO since 2014. He actually started working at Walmart in 1990 when he was still in college. Over the years, he climbed the ranks, holding different top positions like running Sam's Club and overseeing Walmart's International operations. His total pay package in 2023 was over $25 million, with about $19 million coming from stock grants, but it’s clear that his main wealth is tied up in Walmart stock, which is valued in the hundreds of millions. One interesting point is that his sister works for a company that does a lot of business with Walmart, showing there are family connections in the mix. He has a unique agreement where if he ever leaves Walmart, he can’t immediately work for a competitor or take Walmart employees with him for two years. This shows how serious Walmart is about keeping its key people. Doug’s journey from a college job to leading one of the biggest retailers in the world shows a lot about his dedication and long-term thinking.