Doug McMillon | |
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Born |
Carl Douglas McMillon October 17, 1966 Memphis, Tennessee, U.S. |
Residence | Bentonville, Arkansas, U.S. |
Nationality | American |
Alma mater | |
Occupation | President and CEO, Walmart |
Salary | US$19.4 million (2015 total compensation) |
Spouse(s) | Shelley McMillon |
Children | 2 |
Parent(s) | Morris and Laura McMillon |
Website | Official website |
Carl Douglas "Doug" McMillon (born October 17, 1966) is an American businessman and is the president and chief executive officer (CEO) of Wal-Mart Stores, Inc. He sits on the retailer's board of directors. Having first joined the company as a summer associate in high school, he became the company's fifth CEO in 2014. He previously led the company's Sam's Club division, from 2005 to 2009, and Walmart International, from 2009 to 2013.
McMillon was born in Memphis, Tennessee, and grew up in Jonesboro, Arkansas. He was the oldest of three children born to Laura and Morris McMillon, a dentist who served in Vietnam. His parents moved the family to Bentonville, Arkansas, the home of Walmart headquarters, when McMillon was 16. A sports enthusiast, McMillon played point guard on the Bentonville high school basketball team.
McMillon has worked for Walmart throughout his career. He took on his first role with the company as a teenager in 1984. He later became a buyer, then moved into management roles before becoming CEO in 2014.
When he was a teenager, McMillon began his first job with Walmart as a summer associate. He worked during the summer unloading trucks in a distribution center. After high school, McMillon attended University of Arkansas, where he graduated with a bachelor's degree in 1989. The next year, as McMillon studied for a master of business administration (MBA) from University of Tulsa, he called Walmart and told an executive he was interested in training to become a buyer when he completed his studies. Soon thereafter, McMillon rejoined Walmart as an assistant manager at a Tulsa, Oklahoma, store. After completing his MBA in 1991, McMillon moved to Walmart's Bentonville headquarters to join the buyer-training program. Originally in charge of buying fishing tackle, he later took on various roles as a buyer and a merchandiser, dealing in food, clothes, crafts and furnishings. He later worked as a general merchandise manager for Walmart's wholesale store division Sam's Club before taking an executive role at Walmart, overseeing toys, electronics and sporting goods, among other areas.