Mike Duke To Retire As Walmart CEO

Walmart has announced that chief executive officer Mike Duke will retire in February, Internet Retailer reported on November 25.

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    Ahead of Duke’s departure, Doug McMillon, currently the company’s president and CEO of international operations, has been promoted to chief executive.

    “Our company has a rich history of delivering value to customers across the globe and as their needs grow and change we will be there to serve them,” McMillion said in a press statement, according to Internet Retailer.

    To learn more about Walmart’s upcoming leadership change, read the full story here.

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