TU alumnus named Wal-Mart CEO

Tuesday, November 26, 2013

McMillon worked at Wal-Mart while earning MBA

University of Tulsa alumnus Doug McMillon (MBA ’90) has been named president and CEO of Wal-Mart. The world’s largest retailer made the announcement on Nov. 25.

Doug McMillonMcMillon’s 23-year career with Wal-Mart began with a summer associate position in 1984. Six years later, he became a trainee buyer at a Tulsa Wal-Mart while earning his MBA from the TU Collins College of Business. After graduation, McMillon advanced through the company ranks working in merchandising and leading the Sam’s Club warehouse retailer division from 2006 to 2009. He most recently served as president and CEO of Wal-Mart International. McMillon was featured as the keynote speaker at a TU Friends of Finance lecture in 2010.

The 47-year-old succeeds Mike Duke who has announced his retirement. McMillon will begin his new role as Wal-Mart’s fifth CEO since founder Sam Walton on Feb. 1.

Gail Ellis