American businessman Carl Douglas McMillon serves as the chairman and CEO of Walmart Inc. He is a director on the board of the retailer. He first started working for the company as a high school summer associate, and then in 2014, he was promoted to CEO.
Doug McMillon Biography And Net Worth
|Net Worth||100 Million Dollars|
|Name||Carl Douglas McMillon|
|Date of Birth||October 17, 1966|
|Birth Place||Memphis, Tennessee, United States|
|Education||Sam M. Walton College of Business, Bentonville High School, University of Arkansas, The University of Tulsa|
|Profession||Chief Executive Officer of Walmart|
Doug McMillon Early Life
McMillon is the oldest of three children born to Laura and Morris McMillon,. He was born in Memphis, Tennessee on October 17, 1966. He was raised in Jonesboro, Arkansas. When McMillon was 16 years old, his parents relocated the family to Bentonville, Arkansas. McMillon, a sports enthusiast, was a point guard for the basketball team at Bentonville High School. Doug earned a bachelor’s degree in business administration from the University of Arkansas and a master’s degree in business administration from the University of Tulsa.
Doug McMillon Career
McMillon has spent his whole career working for Walmart. In 1984, when he was a youngster, he accepted his first position in the business. McMillon started working at Walmart as a summer worker when he was a teen. He unloaded trucks in a distribution center throughout the summer. The next year, as McMillon pursued his MBA, he called Walmart and expressed interest in receiving training to work as a buyer after his studies were complete.
After that, McMillon returned to Walmart as an assistant manager at a location in Tulsa, Oklahoma. McMillon relocated to Walmart’s Bentonville headquarters to join the buyer-training program in 1991. He was first in charge of purchasing fishing equipment. Eventually, he overtook numerous responsibilities as a buyer and merchandiser, working with food, apparel, crafts, and furniture. Prior to entering an executive position at Walmart, he had previously served as the general merchandise manager for Sam’s Club.
On August 4, 2005, Walmart appointed McMillon president and CEO of Sam’s Club. In February 2009, McMillon was promoted from his position at Sam’s Club to lead Walmart’s international division. Walmart International’s sales growth exceeded Walmart US’s during McMillon’s tenure. On November 25, 2013, Walmart announced that McMillon would become the company’s fifth CEO and immediately join the board of directors. He replaced Mike Duke as CEO on February 1, 2014. McMillon took over the business during a period of sluggish development and heightened rivalry from rivals like Costco, Amazon.com, Kroger and Family Dollar, etc. In 2014, 2015, and 2016 Forbes included McMillon on its list of the world’s most powerful people. He was named No. 4 on ExecRank’s 2015 list of the best CEOs of big businesses.
Doug McMillan Wife
McMillon is married to Shelley. The couple has two sons together.
Doug McMillan’s Net Worth
Doug has a net worth of $100 million as of this writing. He has made his fortune first by working for Walmart and then by being its CEO.
Doug McMillan Body Features