Wal-Mart appoints Doug McMillon as next CEO

11/25/2013 | Chicago Tribune (tiered subscription model)

Wal-Mart Stores has appointed Doug McMillon to replace outgoing CEO Mike Duke, who will retire in January. McMillon has served as CEO of Wal-Mart's international division since January 2009. "He's a good fit culturally and, as a young 47-year-old, there's an opportunity to be there for a long time," said Joe Feldman, an industry analyst.

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