Walmart CEO Shift Highlights Tech Focus And Ongoing Shareholder Value Story
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Walmart (NasdaqGS:WMT) announced the retirement of CEO Doug McMillon. John Furner has been named Walmart Inc. CEO, with David Guggina appointed CEO of Walmart U.S. The leadership changes highlight an emphasis on technology, digital transformation, and e commerce. For investors watching Walmart at a high level, this leadership shift comes with the shares at $117.41 and a 1 year return of 20.2%. Over 3 years the return is around seven times the 1 year figure, while the 5 year return of 164.5%...
📄 Summary
Walmart (NasdaqGS:WMT) announced the retirement of CEO Doug McMillon. John Furner has been named Walmart Inc. CEO, with David Guggina appointed CEO of Walmart U.S. The leadership changes highlight an emphasis on technology, digital transformation, and e commerce. For investors watching Walmart at a high level, this leadership shift comes with the shares at $117.41 and a 1 year return of 20.2%. Over 3 years the return is around seven times the 1 year figure, while the 5 year return of 164.5%...