Doug McMillon is an American businessman and the CEO of Walmart Inc., the world's largest retailer. He began his career with the company in 1984 as a summer associate while studying at the University of Arkansas. Joining the Bentonville-based retailer full-time in 1990 as an assistant manager, he rose through the ranks to become CEO in 2014. Today, Walmart employs 2.3 million associates and serves millions of customers worldwide.
Doug McMillon was born on October 17, 1966, in Jonesboro, Arkansas, and was raised in the nearby town of Memphis, Tennessee. He earned his bachelor's degree in business administration from the University of Arkansas in 1989 and went on to receive a master of business administration (MBA) from the same institution in 1991.
McMillon's early years at Walmart were marked by swift promotions. Within two years, he became a buyer for the company, and by 1997, he was promoted to general merchandising manager. In 2005 he was named the CEO of Walmart International, and in 2014 he became the CEO of Walmart Inc. Under his leadership, the company has pursued a strategy of e-commerce growth, opening up new channels like Walmart.com and Jet.com to compete with Amazon.
Doug McMillon lives in a stunning house in Bentonville, Arkansas, a suburb of Fayetteville. The home is a sprawling mansion situated on six acres of rolling hills and includes six bedrooms and eight bathrooms. The house was built in 2010 and features over 25,000 square feet of living space.
The interior of the house is decorated in a modern style with clean lines and contemporary fixtures. The floors are made of hardwood and the walls are painted in neutral colors. The spacious living room features a fireplace and panoramic views of the surrounding countryside. The dining room can accommodate up to 16 guests and features a large chandelier and a wood-paneled ceiling.
The kitchen is a chef's dream and features state-of-the-art appliances and a large island. The lower level of the house includes a home theater, a spa, and a wine cellar. The five-car garage is attached to the house and features custom cabinetry and a workspace.
The outdoor space is equally impressive, with a large swimming pool and spa, a covered patio with a fireplace, and a built-in grill. The extensive landscaping includes mature trees and lush gardens. There is also a guesthouse on the property, which is perfect for entertaining visitors.
In addition to leading Walmart, Doug McMillon is also known for his philanthropic work. He and his wife, Shelley McMillon, have a foundation called the McMillon Family Foundation, which supports causes related to education, healthcare, and economic development. The foundation has donated millions of dollars to a variety of organizations, including the University of Arkansas, the Razorback Foundation, and the Children's Hospital at Montefiore.
Doug McMillon is also a member of the Executive Committee of the Business Roundtable, a nonprofit association of CEOs that promotes corporate social responsibility. He has spoken publicly about the importance of corporate giving and has encouraged other companies to prioritize philanthropy.
Doug McMillon is known for his collaborative leadership style and his focus on the customer. He believes that the key to success in retail is to listen to the customer and to be responsive to their needs. He has been quoted as saying, "We're in the business of serving customers, and we need to do it better than anybody else."
McMillon has also prioritized diversity and inclusivity in his leadership of Walmart. He has made a concerted effort to increase the number of women and people of color in leadership positions within the company. In 2021, Walmart announced that it would spend $350 billion on goods and services from women-owned businesses over the next decade, as part of the company's commitment to supporting diversity and inclusion.
Doug McMillon is one of the most successful business leaders in the world, and his leadership of Walmart has been marked by innovation and growth. His commitment to philanthropy and social responsibility has made him a respected figure in the business community, and his collaborative leadership style has helped to create a culture of innovation and customer focus at Walmart. The McMillon family's beautiful house in Bentonville is a testament to Doug's success and is a reflection of his commitment to excellence in all aspects of his life.